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Tri-Plex For Sale in Ottawa, ON

203 Marier Ave
List Price
$895,000
Alessandro Argentina

613-882-8952

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6
Bedrooms

3
Bathrooms

2,400
Square Feet

2,700 sq ft
Lot Size

2 Storeys

Built in
1960

$6,410
Annual Taxes

Description

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 $50,000 - a 5.65% 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.

Property Features

MLS® System # X13647758

Property Type Tri-Plex

Ad Type For Sale

Ownership Freehold / Fee Simple

Parking Parking Lot

Total Parking Spaces 2

Lot Shape Irregular

Asking Price $895,000

Location

Address 203 Marier Ave

Neighbourhood Vanier

City Ottawa

Province / State Ontario

Postal / ZIP K1L5R6

Country Canada

Map & Buyer Tools

FSBO ID 203908
Contact Seller
Alessandro Argentina
613-882-8952
View On Realtor.ca