203 Marier Avenue
3402 - Vanier / Vanier and Kingsview Park, ON K1L 5R6
About This Property
Visit the REALTOR website for further information about this Listing. Approx. $67,000 gross income and projected NOI near $50,000 - a 5.65% cap rate at $895,000. Turn-key 3-unit multifamily in east-central Ottawa. Fully rented three 2 bed 1 bathroom units. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). 5 exterior storage lockers. Coin operated laundry in basement. Boiler and hot water tanks all owned. Steps from Beechwood, with quick access to the Montfort Hospital, downtown Ottawa, the University of Ottawa, the Byward Market and the rest of Ottawa through the nearby highway 417. CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Professionally managed by Easy Street Services.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13647758
Listed by EASY LIST REALTY LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,370
/month · $716,000 mortgage
Amortization
Total Interest
$595,121
Total Cost
$1,311,121
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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