109-111 Marier Avenue Ottawa, Ontario K1L 5R9
$1,190,000
Rare 3-unit investment opportunity consisting of an up-down duplex and separate retail/commercial building! The unit mix of this property includes a converted single family home of 2 x 1 bedroom apartments (one of which includes a partially finished basement with in-unit washer/dryer), plus a separate commercial building, currently being used as an automotive repair business. Rectangular 40' x 100' lot provides excellent future re-development potential. Property is located in close walking distance to popular, trendy Beechwood Avenue. Upper apartment is rented below market at $1,200 utilities included. Landlord has left lower apartment vacant for showings and to provide a buyer flexibility to use or renovate as they choose. Market rent for this unit is estimated at $1,500 utilities included. Commercial building rented at $3,525 including water, property taxes and HST. Furnace in duplex replaced in 2018. Electrical panel replaced in 2016. (id:37464)
Property Details
| MLS® Number | 1328438 |
| Property Type | Multi-family |
| Neigbourhood | Beechwood / Vanier North |
| Parking Space Total | 6 |
Building
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1937 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Vinyl |
| Flooring Type | Vinyl, Ceramic |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Surfaced | |
| Tandem |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 Ft X 100 Ft |
| Size Total Text | 40 Ft X 100 Ft |
| Zoning Description | R4ua-c |
https://www.realtor.ca/real-estate/25238822/109-111-marier-avenue-ottawa-beechwood-vanier-north
Sales Representative
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February 24 2023 08:21:00
Ottawa Real Estate Board
Capital Commercial Investment Corp.