205 Marier Avenue, Vanier and Kingsview Park, ON K1L 5R6 $1,100,000 For Sale

About Property

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.

Property Facts

• Property Type: Residential Freehold
• Property Subtype: Multiplex
• Laundry Ensuite: No
• Heating Source: Gas
• Heating Type: Forced Air
• Cooling: Central Air
• Region: 3402 - Vanier

Features

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