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$ 1,249,900
Est. payment /mo
New
213 Desrosiers ST Vanier And Kingsview Park, ON K1L 7T2
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 3402 - Vanier
MLS Listing ID X13012740
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,988
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Purpose-built FOURPLEX on a 66' x 99' lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement None
Kitchen 4
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Patio
Parking Features Reserved/Assigned
Garage Spaces 2.0
Pool None
Roof Type Flat
Lot Frontage 66.0
Lot Depth 99.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY
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