Vanier and Kingsview Park, ON · · MLS® X14157902Updated
$3,999,000
Type Investment
What you should know
147 Deschamps Ave is an investment in Vanier and Kingsview Park, listed for $3,999,000.
1The building features six spacious 3-bedroom apartments, three 1-bedroom units and one studio, providing a desirable rental mix with strong income potential.
2Additional revenue opportunities may exist through exterior storage lockers.
3Conveniently located near Beechwood Avenue, downtown Ottawa, uOttawa, Montfort Hospital, government employment hubs, shopping & public transit, the location offers broad tenant appeal.
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Commercial Property in Vanier and Kingsview Park
About 147 Deschamps Avenue
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.
Vanier and Kingsview Park investment priced at $3,999,000 — book a tour to see if it fits your search.
Inside 147 Deschamps Ave
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
147 Deschamps Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14157902$3,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 147 Deschamps Ave Compares to the Vanier and Kingsview Park Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Vanier and Kingsview Park market, last 90 days
Median sold price
$494,500
Average sold price
$496,110
Average days on market
44
Homes sold
56
Closed sales on the TRREB MLS®.
Living in Vanier and Kingsview Park: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Vanier and Kingsview Park
Other homes for sale in Vanier and Kingsview Park around $4.0M.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings125Homes for sale here right now.
Median vs prior 90 days−8.4%Compared with May 10 – Aug 8, 2026: prices down.
Based on 56 sales from Aug 8 – Nov 6, 2026 (54 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 147 Deschamps Ave
How much is 147 Deschamps Ave listed for?
147 Deschamps Ave is listed at $3,999,000 (MLS® X14157902). Summitly updates the price as soon as the MLS® record changes.
Has the price of 147 Deschamps Ave changed?
No — 147 Deschamps Ave is still listed at its original asking price of $3,999,000.
How many bedrooms and bathrooms does 147 Deschamps Ave have?
The listing for 147 Deschamps Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Vanier and Kingsview Park.
How does 147 Deschamps Ave compare with other homes in Vanier and Kingsview Park?
Its asking price of $3,999,000 is about 709% above the median sold price in Vanier and Kingsview Park over the last 90 days, $494,500, across 56 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 147 Deschamps Ave been sold before?
Summitly has no earlier MLS® sale or lease of 147 Deschamps Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 147 Deschamps Ave?
147 Deschamps Ave is in Vanier and Kingsview Park, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 147 Deschamps Ave been on the market?
147 Deschamps Ave was listed today (November 6, 2026).
What is the land transfer tax on 147 Deschamps Ave?
About $86,450 in Ontario land transfer tax at the asking price of $3,999,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 147 Deschamps Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 147 Deschamps Ave?
The listing for 147 Deschamps Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vanier and Kingsview Park.
When was 147 Deschamps Ave built?
The listing for 147 Deschamps Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
