136 Deschamps Avenue

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Ottawa , located at 136 Deschamps Avenue, Ottawa. This large duplex boasts an impressive layout and excellent development potential, making it a prime choice for those wanting to dive into the property market or expand their portfolio.

Situated in the vibrant community of 3402 - Vanier, this property features two spacious units, each with three bedrooms and one bathroom. The main floor and the second-floor apartments both come equipped with in-unit laundry facilities, which is a real bonus for tenants. Not to mention, each unit has its own private deck or balcony, perfect for enjoying a morning coffee or unwinding after a long day. The exterior of the building is clad in durable vinyl siding, ensuring it stands the test of time.

As you explore this Multi-Family Home for sale in Ottawa, you’ll discover that it has a total of 11 rooms, including two kitchens, which is ideal for multi-family living. Although there is no den, the layout provides ample space for comfortable living. The property also features three bathrooms, which is a significant advantage for larger families or multiple tenants.

One of the standout features of this home is the oversized heated garage, which not only provides parking for two vehicles but also includes a convenient two-piece bathroom. This flat-level bath is a practical addition for those using the garage for more than just parking. Speaking of parking, the private driveway can accommodate up to six vehicles, ensuring that you and your guests will never struggle to find a spot.

The basement of this property is where the real potential lies. Previously a one-bedroom apartment, it has been gutted by insurance and is now ready for your creative touch. With plumbing and electrical already in place for a kitchen and bathroom, you have the opportunity to transform this space into something truly special. There’s a large area that has been excavated to the same grade, which could easily accommodate two additional bedrooms, allowing for the potential of three three-bedroom apartments in total.

While this Multi-Family Home for sale in Ottawa does not come with central air conditioning, a pool, or a fireplace, it does feature a family room that adds to the overall living space. The heating is provided by a baseboard system, ensuring that the property remains cosy during the colder months. Additionally, the home is unfurnished, giving you the freedom to style it to your taste.

The property is serviced by municipal water and sewer, which is always a plus for any homeowner. The lot itself measures a generous 54 by 97 feet, providing plenty of outdoor space for activities or potential landscaping projects.

Recent renovations have brought new life to the main and second-floor apartments, making them more appealing to potential tenants. With a new boiler set to be installed in 2025, a new roof completed in 2024, and brand new windows on the second floor also installed in 2024, this property is not only ready for immediate occupancy but also built to last.

In summary, this Multi-Family Home for sale in Ottawa at 136 Deschamps Avenue, Ottawa, is an exceptional opportunity for anyone looking to invest in a property with great potential. With its spacious layout, recent renovations, and the ability to develop further, this home is a must-see for serious buyers. Don’t miss out on this chance to make it your own!

Vanier, located in the vibrant city of Ottawa, is a diverse and dynamic neighbourhood known for its rich cultural tapestry and strong sense of community spirit. Nestled just east of the downtown core, Vanier offers a unique blend of residential charm and urban convenience, with a variety of local shops, cafes, and parks that cater to all lifestyles. The area is well-connected by public transport, making it easy to explore the wider city. Residents enjoy a mix of historic architecture and modern amenities, along with a welcoming atmosphere that reflects the multicultural essence of Ottawa. Whether you’re seeking a lively community or a peaceful retreat, Vanier provides an inviting environment for all.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you'll find Robert E. Wilson Public School, just 1.3 km away, offering English instruction for grades JK to 6 with a solid rating of 4. Queen Elizabeth Public School, located 1.8 km from the property, serves grades JK to 8 and has a rating of 3.9. For younger students, Assumption School, a Catholic institution, is only 0.6 km away, providing education from JK to 6 with a rating of 5. Manor Park Public School and Vincent Massey Public School, both within 1.8 km and 4.6 km respectively, offer French language education for elementary grades, with ratings of 6 and 6.9. For secondary education, Lisgar Collegiate Institute, rated 7.9, is just 2.4 km away, while Immaculata High School, a Catholic school, is 3.1 km from the property with a rating of 5.8. This diverse selection of schools ensures quality educational options for children of all ages, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 398 residents, with an average household size of 1.8 individuals. The demographic profile reveals an average age of 37.3 years and an average household income of $65,000. Notably, 20.8% of the population is classified as low-income, while a significant portion, 63.77%, are single individuals. Households with children make up 29.41% of the community. The area is home to a diverse population, with 17.33% of residents being immigrants. A striking 87.8% of the population are renters, indicating a strong rental market, and 9.76% of the housing consists of condominiums. Educational attainment is relatively high, with 57.81% of residents holding a college or university degree. However, 21.88% of the population is not in the labor force, which may reflect various socio-economic factors. The average property price in the area is approximately $600,000, highlighting the demand for housing in this community. Overall, the demographic data indicates a vibrant, youthful, and diverse community, with a significant emphasis on rental living and higher education.