147 Deschamps Avenue, Vanier and Kingsview Park, ON K1L 5Z5
Vanier and Kingsview Park, ON K1L 5Z5
Quick cost estimateKnown monthly subtotal$19,945.33 / monthLand transfer tax $76,455One-time estimate
Quick cost estimate
$19,945.33 / monthKnown monthly subtotal
- Mortgage principal & interest
- $18,606.71
- Property tax / month
- $1,338.63
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $76,455
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $76,455
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
An exceptional opportunity to acquire a fully redeveloped, turnkey 10-unit apartment building just minutes from downtown Ottawa. Extensively reconstructed from the studs and reconfigured into 10 modern residential units, this property offers investors a high-quality, income-producing asset with significant capital improvements already completed. The building features six spacious 3-bedroom apartments, three 1-bedroom units and one studio, providing a desirable rental mix with strong income potential. Each unit features modern kitchens, stainless steel appliances, updated bathrooms, quality finishes, and convenient in-suite laundry, with the spacious 3-bedroom suites further enhanced by quartz countertops and full-slab quartz backsplashes. Beyond the interiors, the extensive redevelopment includes all new electrical, plumbing & heating systems, upgraded insulation, modernized common areas and enhanced fire safety systems. A significant advantage is the separately metered hydro, gas and water for each unit, allowing tenants to pay their own utilities & helping minimize operating expenses. With major building systems replaced & high-quality finishes throughout, this property offers investors a low-maintenance asset with reduced near-term capital expenditure requirements. Four units offer affordable housing potential, which can support eligibility for CMHC MLI Select financing, subject to program requirements & approval. Additional revenue opportunities may exist through exterior storage lockers. Conveniently located near Beechwood Avenue, downtown Ottawa, uOttawa, Montfort Hospital, government employment hubs, shopping & public transit, the location offers broad tenant appeal. With attractive projected rental income, operating efficiencies and long-term appreciation potential, this is an ideal addition to an established investment portfolio. Detailed financial projections, operating expenses and cap rate analysis are available upon request.
Home details
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X14157902
- Source status
- New
- Postal code
- K1L 5Z5
- Building area (total)
- 6,108 sq ft
- Lot depth
- 88.50 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 16063.51
- Heating system
- Gas Forced Air Open
- Cooling
- Partial
- Utility services
- Yes
- MLS entry age (not confirmed DOM)
- 2 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Heating system
- Gas Forced Air Open
- Cooling
- Partial
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
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Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
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Listing dates & price record
- Asking amount
- $3,999,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Ottawa
- Municipality
- Vanier and Kingsview Park
- MLS® community
- 3402 - Vanier
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in 3402 - Vanier, Vanier and Kingsview Park, Ottawa, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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How should I use the monthly cost estimate?
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Home and neighbourhood overview
147 Deschamps Avenue, Vanier and Kingsview Park, ON K1L 5Z5, Vanier and Kingsview Park is listed for sale as a Investment. Asking price: $3,999,000. Occupancy is reported as Tenant. MLS® X14157902.
Local context
Explore the area: Ottawa · 3402 - Vanier.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: ENGEL & VOLKERS OTTAWA. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14157902. Information deemed reliable but not guaranteed.