238 Marier Avenue Ottawa, Ontario K1L 5R3

None Forced Air


Great investment opportunity with a >4.5% cap rate in the city! Well maintained, legal fourplex located conveniently near main roads. The current owners have successfully managed this property and all four units are leased month-to-month with great tenants who would prefer to stay. Three one bedroom and one two bedroom apartments that have been kept nicely updated. Separate hydro meters for each unit. Coin operated laundry room adds additional income. Includes two parking spaces at rear. Sale is subject to severance of two parking spots currently part of the property in favour of 236 Marier Ave. Income and expense details available for well qualified, interested buyers. Showings available with 24 hrs notice at the following times: Mondays 11am-2pm, Wednesdays 5pm-8pm and Saturdays 9am-2pm (id:41211)

Property Details

MLS® Number 1277658
Property Type Multi-family
Neigbourhood Vanier
Parking Space Total 2


Basement Development Unfinished
Basement Features Low
Basement Type Unknown (unfinished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Siding
Fireplace Present No
Flooring Type Mixed Flooring
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water




Acreage No
Sewer Municipal Sewage System
Size Depth 110 Ft ,1 In
Size Frontage 25 Ft ,11 In
Size Irregular 0.06
Size Total 0.06 Ac
Size Total Text 0.06 Ac
Zoning Description R4ua-c



Contact us for more information

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Dave Fletcher

(613) 590-2933

RE/MAX Hallmark Realty Group
4366 Innes Road
Ottawa, Ontario K4A 3W3

(613) 590-3000
(613) 590-3050

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