205 Marier Avenue

Ottawa, Ontario K1L 5R6

6 Bedrooms

5 Bathrooms

2,000 - 2,500 sqft Interior

2 Parking spaces

70 X 47 Ft Lot size

1 day ago Listed

Central Air Conditioning Forced Air

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About this home

Visit the REALTOR website for further information about this Listing. Turn-key 3-unit multifamily in east-central Ottawa. Fully rented three 2 bed 1 bathroom units. Approx. $67,000 gross income and projected NOI near $51,000 - a 5.74% cap rate at $895,000. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). 5 exterior storage lockers. Coin operated laundry in basement. Boiler and hot water tanks all owned. Steps from Beechwood, with quick access to the Montfort Hospital, downtown Ottawa, the University of Ottawa, the Byward Market and the rest of Ottawa through the nearby highway 417. CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Professionally managed by Easy Street Services. (id:28469)

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Facts & features

Property

MLS® Number: X13651230
Property Type: Multi-family
Community Name: 3402 - Vanier
Equipment Type: Water Heater, Furnace
Features: Irregular Lot Size
Parking Space Total: 2
Rental Equipment Type: Water Heater, Furnace

Building

Bathroom Total: 5
Bedrooms Above Ground: 6
Bedrooms Total: 6
Basement Type: Crawl Space
Cooling Type: Central Air Conditioning
Exterior Finish: Stucco, Vinyl Siding
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 2,000 - 2,500 Sqft
Type: Other
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 47 Ft
Size Frontage: 70 Ft
Size Irregular: 70 X 47 Ft
Size Total Text: 70 X 47 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,871/mo
Ontario land transfer tax: $18,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Vanier market

69 Active listings

$594,000 Median asking price

85% above median This home

33 days Avg. time on market

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Location

205 Marier Avenue, Ottawa, Ontario K1L 5R6 · Get directions