213 Desrosiers Street
Vanier and Kingsview Park, ON
- 6 bed
- 5 bath
- approx. 3000-3500 sqft
- Fourplex
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.
Listing Details
- Taxes (2025)
- $5,988
- Originally Listed
- $1,249,900
- Listed
- September 3, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Stucco (Plaster), Other
- Roof
- Flat
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 66 x 99 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- From the intersection of Vanier Parkway and Montreal Road, head north on Vanier Parkway. Take your first left onto Deschamps Avenue, then turn left again onto Desrosiers Avenue
- Parcel Number
- 042330242
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 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
- Exclusions
- All tenant belongings
Schools
Elementary
- École élémentaire publique Mauril-Bélanger0.4 km
French public · CÉP de l'Est de l'Ontario · 245 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Assumption Catholic Elementary School0.5 km
Catholic · Ottawa CSB · 260 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% met the provincial standard
- École élémentaire publique Trille des Bois0.5 km
French public · CÉP de l'Est de l'Ontario · 605 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 79% met the provincial standard
Secondary
- École secondaire publique De La Salle1.4 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Ottawa Technical Secondary School1.8 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- Lisgar Collegiate Institute2.4 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1L
- Population
- 18,213
- Private dwellings
- 10,797
- Median age
- 41.2
- Average household size
- 1.8
- Median household income
- $63,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Vanier and Kingsview Park · last 12 months
- Median sold price
- $527,500
- Homes sold
- 170
- Median days on market
- 32
- Sale-to-list price
- 97.2%
Based on 170 recorded sales of residential freehold properties in Vanier and Kingsview Park over the last 12 months.
Listed by
ROYAL LEPAGE TEAM REALTY
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Location
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Mortgage Calculator
$239,980
Estimated Monthly Payment
$5,895
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $5,895/mo (20% down, 5.5%)
Taxes: $499/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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