203-205 MARIER AVENUE, Ottawa
Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may allow future development. (id:25961)
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Details
- Equipment: Water Heater, Furnace
- Parking Spaces: 5
- Rental Equipment: Water Heater, Furnace
- Transaction: For sale
- Zoning Description: R4E-c
Building
- Appliances: Furniture
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 10
- Bedrooms Lower Level: 12
- Cooling: Central air conditioning
- Exterior Finish: Stucco, Vinyl siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 8
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 2
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 114 ft
- Size Frontage: 80 ft
- Size Irregular: 80 x 114 FT
This property for sale is located at 203-205 MARIER AVENUE in Ottawa. It was last modified on October 6th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
Listing provided by EASY LIST REALTY LTD.
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