Tony Tompson
Sales Representative
Century 21 Example Inc., Brokerage
Independently owned and operated.
7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6
Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184
$899,900
Available - For Sale
Listing ID: X11919049
222 Deschamps Ave , Vanier and Kingsview Park, K1L 5Y9, Ontario
| INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012. |
| Price | $899,900 |
| Taxes: | $6734.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 222 Deschamps Ave , Vanier and Kingsview Park, K1L 5Y9, Ontario |
| Postal Code: | K1L 5Y9 |
| Province/State: | Ontario |
| Lot Size: | 56.91 x 64.26 (Feet) |
| Directions/Cross Streets: | Vanier Parkway just past Montreal Road travelling North, Right turn on Deschamps |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 3648.00 |
| Total Area Code: | Sq Ft |
| Taxes Expense: | $6734 |
| Insurance Expense: | $5022 |
| Heat Expenses: | $6086 |
| Hydro Expense: | $758 |
| Water Expense: | $3079 |
| Gross Income/Sales: | $69871 |
| Operating Expenses: | $21633 |
| Net Income Before Debt: | $48238 |
| Expenses Actual/Estimated: | $Act |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Water: | Municipal |
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%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
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Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Lot Size: | 56.91 x 64.26(Feet) |
| Tax: | $6,734 |
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