$2,200,000
23.62 BTC
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203-205 Marier Avenue, Vanier And Kingsview Park
$2,200,000
PRICE
10 + 12
BEDROOMS
8
BATHROOMS
X13869198
MLSID

203-205 Marier Avenue, Vanier And Kingsview Park

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.
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Summary

Address
203-205 Marier Avenue
Community
MLSID
X13869198
Property Type
Multiplex
Property Category
Bedrooms
10 + 12
Bathrooms
8
Kitchens
6 + 1
Zoning
R4E-c
Taxes (Annual)
$12,510.00
Tax Year
2026
Published
October 6, 2026
Days on Market
21 Days
Possession Type
Other
Possession Details
Negotiable
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Inclusions

All designated furniture and appliances

Details

Bathroom 1
3-Piece Basement Level
Bathroom 2
3-Piece Main Level
Bathroom 3
3-Piece Second Level
Basement
Finished, Full
Interior Features
None
Parking Spaces
5
Parking Total
5
Parking Features
Available
Architectural Style
2-Storey
Roof
Asphalt Rolled, Other
Construction Materials
Stucco (Plaster), Vinyl Siding
Lot Width
80 Feet
Lot Depth
114 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with EASY LIST REALTY LTD.
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