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Est. payment | -/mo

10 Beds

8 Baths

Save

Est. payment | -/mo

Save

10 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 3402 - Vanier

MLS Listing ID X13869198

Style 2-Storey

Bedrooms 10

Annual Tax Amount $12,510

Tax Year 2026

Property Sub-Type Multiplex

Property Description

Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may allow future development.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R4E-c

Rooms

Family Room Yes

Basement Finished, Full

Kitchen 7

Separate Den/Office 12

Interior

Interior Features None

Cooling Central Air

Inclusions All designated furniture and appliances

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Rolled,Other

Lot Frontage 80.0

Lot Depth 114.0

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by EASY LIST REALTY LTD.

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203-205 Marier AVE Vanier And Kingsview Park, ON K1L 5R6