203-205 Marier Avenue
3402 - Vanier, Vanier and Kingsview Park, K1L 5R6
$2,200,000
- 10+12 bedrooms
- 8 bathrooms
- 5 parking
- 3500-5000 sq ft
Listed 13 days ago · MLS® X13869198
About this home
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.
Details
- Type
- Multiplex
- Style
- 2-Storey
- Age
- 51-99 years
- Size
- 3500-5000 sq ft
- Lot
- 80 × 114 ft
- Basement
- Finished, Full
- Garage
- None
- Kitchens
- 7
- Property tax
- $12,510 (2026)
- Neighbourhood
- 3402 - Vanier
- Municipality
- Vanier and Kingsview Park
Interior
- Bedrooms
- 10 above ground + 12 below
- Bathrooms
- 1 × 3-piece (basement), 4 × 3-piece (main), 3 × 3-piece (second)
- Kitchens
- 7 (1 below ground)
- Rooms
- 20 above ground
- Family room or den
- Yes
- Fireplace
- No
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Stucco (Plaster), Vinyl Siding
- Roof
- Asphalt Rolled
- Foundation
- Concrete
- Age
- 51-99 years
- Faces
- West
Parking
- Total parking
- 5
- Driveway and parking
- Available
Lot
- Size
- 80 × 114 ft
More
- Possession
- Negotiable
- Cross street
- Marier Ave at Montfort St
Living here
Short-term rentals
Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.
Listed by EASY LIST REALTY LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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