Easy List Realty Ltd. — Canada's #1 FLAT FEE Brokerage • DIY MLS® Services • 1-888-323-1998 (24/7)
Easy List Realty

4-Plex For Sale in:
Ottawa, ON

205 Marier Ave

Price: $1,100,000

Fully Renovated 4-Unit Multifamily in North Vanier

Alessandro Argentina

613-882-8952

Questions? Want to book a showing?
4-Plex For Sale - 205 Marier Ave, Ottawa, ON
6
Bedrooms
5
Bathrooms
2400
Square Feet
2 Storeys
Built in
1930
$6,100
Annual Taxes
3170 sq ft
Lot Size
Jump to Photo Gallery

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. 

Additional Details

MLS® Number: X13651230
Property Type: 4-Plex
Year Built: 1930
Postal Code: K1L5R6
MLS® Link: View on REALTOR.ca
FSBO ID: 884058