203-205 Marier Avenue
Ottawa (Vanier), ON K1L 5R6
- 10+12Bedrooms
- 8Bathrooms
- 5Parking
- 3500–5000Sq Ft
- $12,510Tax
- 80×114 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 203-205 Marier Avenue, Ottawa, Vanier
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 203-205 Marier Avenue, Ottawa, Vanier
Summarized Description
- Two buildings with seven rental units available.
- Fully rented triplex and fourplex properties.
- Recent updates to windows, roof, and exterior.
- Projected net operating income of $122,000.
- Located near major amenities and transport.
- Management services available for continuity.
- CM1 zoning allows for potential future development.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $12,510
- Land Transfer Tax Fee
- $41,475
Rental Items
- Rental Equipment
- Furnace and hot water tank
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Stucco (Plaster), Vinyl Siding
- Roof
- Asphalt Rolled, Other
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 80.00 ft
- Lot Depth
- 114.00 ft
Inclusions
- Inclusions
- All designated furniture and appliances
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 10 + 12
- Washrooms
- 8
- Kitchens
- 7
- Family / bonus room
- Yes
Washrooms
- 3-piece, Basement
- 3-piece, Main
- 3-piece, Second
- Municipality
- Ottawa
- Neighbourhood
- Vanier
- Main cross streets
- Marier Ave at Montfort St
- Zoning
- R4E-c
- Directions
- Marier Ave at Montfort St
- MLS® number
- X13869198
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-06
- Updated on
- 2026-10-06
- Days on market
- 9 days
- Possession date
- 2027-01-01
- Possession type
- Other
- Co-op commission
- 1.25% Seller Direct; $2 Listing Brokerage
- Seller
- Listed by
- EASY LIST REALTY LTD.
Home Market Value
Current home valuation for 203-205 Marier Avenue, Ottawa, Vanier, Ottawa, ON. Listed for $2,200,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 203-205 Marier Avenue, Ottawa, Vanier
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$440,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,760,000 | $1,650,000 | $1,540,000 | $1,430,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,593monthly | $8,056monthly | $7,519monthly | $6,982monthly |
Land Transfer Tax
$41,475
$41,475
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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