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For sale · MLS® X13742218

213 Desrosiers Street, Vanier and Kingsview Park, ON K1L 7T2

Vanier and Kingsview Park, ON K1L 7T2

$1,179,900Asking price
6 Bedrooms5 Bathrooms— Reported areaFourplex Type

About this property

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.

Property facts & features

Property type
Fourplex
MLS® number
X13742218
Source status
Price Change
Bedrooms
6
Bathrooms
5
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
K1L 7T2
Parking spaces
6
Garage
Detached
Lot depth (source units)
99
Annual property tax
5988
Basement
None
Laundry
Not provided
Interior features
None
Exterior features
Deck, Patio

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

Price Change · $1,179,900

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Listing brokerage: ROYAL LEPAGE TEAM REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13742218. Information deemed reliable but not guaranteed.

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