+18
Market activity for 205 Marier Avenue
No listing history available
This is the first time this property is listed
Visit the REALTOR website for further information about this Listing. 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. $90,700 gross income and projected NOI near $72,000 - a 6.55% 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). All four units are furnished. Furnace and hot water tank rental from Enercare. Offered as-is; figures to be verified. Professionally managed by Easy Street Services.
18 x 14 Feet
Level: Main
Hardwood Floor, Pot Lights, Combined w/Dining
12 x 10 Feet
Level: Main
Centre Island, B/I Appliances, Quartz Counter
15 x 13 Feet
Level: Upper
5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)
12 x 11 Feet
Level: Upper
3 Pc Bath, Pot Lights, Walk-In Closet(s)
11 x 10 Feet
Level: Upper
Pot Lights, Hardwood Floor
Provincial Tax (Ontario)
$18,475