64 Delaware Avenue, Ottawa
PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x 2-bedroom suite at $2,700/month, 4 x 1-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs. (id:1945)
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Property details for 64 Delaware Avenue, Ottawa
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,453 square feet
- Lot Size
- 44 x 90 FT
- Stories
- 3
- Basement
- Finished, Full
- Parking
- Detached Garage, Garage, Tandem
- Heating
- Radiant heat, Forced air, Natural gas
- Exterior
- Brick, Stone
- Annual Taxes
- $15,891 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 64 Delaware Avenue
Active Listings
3
Min Price
$1,199,900
Max Price
$2,100,000
Avg Price
$1,558,300
Days on Market
13
days
Sold Listings
1
Min Sold Price
$2,250,000
Max Sold Price
$2,250,000
Avg Sold Price
$2,250,000
Days until Sold
92
days
Neighbourhood Census Data
Ottawa, Ontario
Population
518
Median Age
46.6
Median Income
$57,216
Dwelling Value
$500,759
Housing Tenure
Owners 52%
Renters 48%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 7,872.3/km²
Avg Shelter Cost: $1,347/mo
Owners with Mortgage: 33.3%
Owners Spending 30%+: 14.8%
Tenants Spending 30%+: 36%
English only: 48.1%
English and French: 51%
Median Household Income: $96,512
Median Employment Income: $48,192
Price History
Listed
October 7, 2026
by ROYAL LEPAGE TEAM REALTY
Current Price
$2,100,000
-6.7% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,100,000 | $150,000 (-6.7%) |
| Oct 7, 2026 | $2,250,000 | Listed |
