$ 2,200,000

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:1945)
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Property details for 203-205 Marier Avenue, Ottawa

Type
Multi-family
Bedrooms
22
Bathrooms
8
Lot Size
80 x 114 FT
Stories
2
Basement
Finished, Full
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Stucco, Vinyl siding
Annual Taxes
$12,510

Nearby Listings Stat

Estimated price and comparable properties near 203-205 Marier Avenue

Active Listings
1
Min Price
$2,200,000
Max Price
$2,200,000
Avg Price
$2,200,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Ottawa, Ontario

Population
807
Median Age
37.5
Median Income
$29,024
Dwelling Value
$348,676

Housing Tenure

Owners 47%
Renters 55%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 6,680.5/km²
Avg Shelter Cost: $1,255/mo
Owners with Mortgage: 64.7%
Owners Spending 30%+: 18.2%
Tenants Spending 30%+: 48.8%
English only: 40.4%
French only: 5%
English and French: 52.8%
Neither: 2.5%
Median Household Income: $52,096
Median Employment Income: $32,064

Price History

Listed
October 6, 2026
by EASY LIST REALTY LTD.
Current Price
$2,200,000
Type
Multi-family
For Sale
203-205 Marier Avenue

Contact Agent Get in touch about 203-205 Marier Avenue, Ottawa

Sophie Giterman
Sophie Giterman
EASY LIST REALTY LTD.