Salehian.com 647-325-5000

64 Delaware Avenue

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre, K2P 0Z3

$2,100,000

Photo 1 of 50Photo 2 of 50Photo 3 of 50Photo 4 of 50Photo 5 of 50Photo 6 of 50Photo 7 of 50Photo 8 of 50Photo 9 of 50Photo 10 of 50Photo 11 of 50Photo 12 of 50Photo 13 of 50Photo 14 of 50Photo 15 of 50Photo 16 of 50Photo 17 of 50Photo 18 of 50Photo 19 of 50Photo 20 of 50Photo 21 of 50Photo 22 of 50Photo 23 of 50Photo 24 of 50Photo 25 of 50Photo 26 of 50Photo 27 of 50Photo 28 of 50Photo 29 of 50Photo 30 of 50Photo 31 of 50Photo 32 of 50Photo 33 of 50Photo 34 of 50Photo 35 of 50Photo 36 of 50Photo 37 of 50Photo 38 of 50Photo 39 of 50Photo 40 of 50Photo 41 of 50Photo 42 of 50Photo 43 of 50Photo 44 of 50Photo 45 of 50Photo 46 of 50Photo 47 of 50Photo 48 of 50Photo 49 of 50Photo 50 of 50

Listed 13 days ago · MLS® X13869724

About this home

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x two-bedroom suite at $2,700/month, 4 x one-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

Details

Type
Investment
Age
100+ years
Lot
44 × 90 ft
Garage
Covered
Property tax
$15,891 (2025)
Neighbourhood
4104 - Ottawa Centre/Golden Triangle
Municipality
Ottawa Centre

Heating, cooling and services

Heating
Radiant
Air conditioning
Yes
Utilities
Available

Building and exterior

Age
100+
Building area
3,453 Square Feet

More

Possession
TBD
Cross street
Cartier Street

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 uOttawa LRT9 min walk
  • 🚇 Lees LRT17 min walk

Within a 10-minute walk: 6 grocery stores, 110 cafés and restaurants, 13 parks, 11 pharmacies. Nearest grocery: Loblaws (550 m). Nearest park: St. Luke's Park (150 m).

Schools nearby

Elementary

  • Elgin Street Public School
    EQAO: Gr 6 reading 96%, math 84%    7 min walk
  • Nouvelle école élémentaire catholique au coeur d'Ottawa French
    EQAO: Gr 6 reading 100%, math 100%    9 min walk
  • Lady Evelyn Alternative School
    EQAO: Gr 6 reading 69%, math 38%    10 min walk
  • Viscount Alexander Public School
    EQAO: Gr 6 reading 100%, math 53%    14 min walk

Secondary

  • Lisgar Collegiate Institute
    EQAO: Gr 9 math 73%, literacy test 91%    10 min walk
  • Immaculata High School Catholic
    EQAO: Gr 9 math 55%, literacy test 87%    10 min walk
  • Glashan Public School15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K2P

Owners / renters
19% / 81%
Median household income
$66,500
Average age
40
Children under 15
5%
Homes
2% detached, 71% high-rise
Commute by transit
15%
Population
18,825

Languages spoken most at home besides English: Mandarin 1.2%, Spanish 1%, Arabic 0.9%, Yue (Cantonese) 0.4%.

Safety

Crime Severity Index for Ottawa police: 52 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417350 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE TEAM REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Ottawa Centre