4-Plex For Sale in Ottawa, ON
205 Marier Ave
List Price
$1,100,000
Alessandro Argentina
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Fully Renovated 4-Unit Multifamily in North Vanier
6
Bedrooms
5
Bathrooms
2,400
Square Feet
3,170 sq ft
Lot Size
2 Storeys
Built in
1930
$6,100
Annual Taxes
Description
Turn-key 4-unit multifamily in east-central Ottawa. One 2-bed/1-bath, one 2-bed/2-bath, and two 1-bed/1-bath units. All renovated in 2018/2019. Approx. $90,000 gross income and projected NOI near $71,000 - a 6.47% cap rate at $1,100,000. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). 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). Furnace and hot water tank rental from Enercare. Offered as-is; figures to be verified. Professionally managed by Easy Street Services.
Property Features
MLS® System # X13651230
Property Type 4-Plex
Ad Type For Sale
Ownership Freehold / Fee Simple
Parking Parking Lot
Total Parking Spaces 2
Lot Shape Irregular
Asking Price $1,100,000
Can Also Rent/Lease for $1/month
Location
Address 205 Marier Ave
Neighbourhood Vanier
City Ottawa
Province / State Ontario
Postal / ZIP K1L5R6
Country Canada
Room Sizes
Level: Main Level
Room: Bedroom
Dimensions:
9.14m x 12.19m
(30'0" x 40'0")
Listing Data
Home Features & Included Extras
Property Style & Setting
✓
Corner lot
