Listed for:Listed 10 days ago
$2,100,000

64 Delaware Avenue

Ottawa (Ottawa Centre/Golden Triangle), ON K2P 0Z3

Multiplex For Sale
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Sale & Price History for 64 Delaware Avenue, Ottawa, Ottawa Centre/Golden Triangle

No listing history available

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About 64 Delaware Avenue, Ottawa, Ottawa Centre/Golden Triangle

Summarized Description

  • Fully furnished, restored 5-plex in Golden Triangle.
  • Projected cap rate of 5.37%.
  • Vacant, allowing new tenancies at market rents.
  • Extensive updates with preserved architectural character.
  • Located near Rideau Canal and local amenities.
  • Projected annual income of $143,100.
  • Includes 5 parking spaces for additional income.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$15,891
Land Transfer Tax Fee
$38,975

Rental Items

Rental Equipment
None

Basement Type
Finished, Full

Interior Features

Laundry Level
Main Level
Interior Extras
Carpet Free
Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector, Monitored
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Canopy, Deck, Lighting, Porch
Pool
None
Other Structures
Additional Garage(s), Shed

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick, Stone
Roof
Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
44.00 ft
Lot Depth
90.00 ft

Inclusions

Inclusions
All furniture as seen on property.

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
5
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 1
Washrooms
5
Kitchens
5

Room sizes

  • Living Room—
    Main level, Hardwood Floor, Crown Moulding, Combined w/Dining
  • Bedroom—
    Basement level, Laminate, Closet
  • Dining Room—
    Main level, Hardwood Floor, W/O To Patio
  • Bedroom—
    Main level, Hardwood Floor
  • Kitchen—
    Basement level, Tile Floor, Laminate
  • Living Room—
    Main level, Hardwood Floor, Closet
  • Bathroom—
    Basement level, Tile Floor, 4 Pc Bath
  • Bedroom—
    Main level, Closet, Hardwood Floor
  • Kitchen—
    Main level, Tile Floor
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Main level, Eat-in Kitchen, Hardwood Floor
  • Dining Room—
    Basement level, Laminate
  • Living Room—
    Basement level, Laminate
  • Bathroom—
    Main level, 4 Pc Bath
  • Other—
    Third level, Closet, Hardwood Floor
  • Dining Room—
    Second level, Hardwood Floor
  • Bedroom—
    Third level, Hardwood Floor, Closet
  • Kitchen—
    Third level, Tile Floor
  • Other—
    Third level, Closet, Hardwood Floor
  • Other—
    Third level, Balcony
  • Other—
    Second level, Balcony
  • Bedroom—
    Second level, Hardwood Floor, Closet
  • Living Room—
    Third level, Hardwood Floor, W/O To Balcony, Closet
  • Kitchen—
    Second level, Tile Floor
  • Living Room—
    Second level, Hardwood Floor, W/O To Balcony
  • Bathroom—
    Third level, 4 Pc Bath, Hardwood Floor, Tile Floor
  • Bathroom—
    Second level, 4 Pc Bath, Linen Closet, Tile Floor
  • Dining Room—
    Third level, Hardwood Floor
  • Bedroom—
    Second level, Hardwood Floor, Closet

Washrooms

  • 4-piece, Basement
  • 4-piece, Main
  • 4-piece, Second
  • 4-piece, Third

Municipality
Ottawa
Neighbourhood
Ottawa Centre/Golden Triangle
Main cross streets
Cartier Street
Directions
Elgin Street just north of 417, turn right on McLeod, TL on Cartier, TR on Delaware. Or come in off QE Drive.

MLS® number
X13869734
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-05
Updated on
2026-10-08
Days on market
10 days
Possession type
Flexible
Co-op commission
2.0%
Seller
Listed by
ROYAL LEPAGE TEAM REALTY

Home Market Value

Current home valuation for 64 Delaware Avenue, Ottawa, Ottawa Centre/Golden Triangle, Ottawa, ON. Listed for $2,100,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 64 Delaware Avenue, Ottawa, Ottawa Centre/Golden Triangle

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Land Transfer Tax

Provincial

$38,975

Total Land Transfer Tax

$38,975

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