203-205 Marier Avenue, Vanier and Kingsview Park, ON K1L 5R6
3402 - Vanier, Vanier and Kingsview Park · Near Montfort Street · View map
About this home
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 potentially allow future development.
The home
- Type
- Investment
- Square footage
- 4800 sq ft
- Bathrooms
- 8
- Lot size
- 80 x 114 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $12,510/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Negotiable
- Cross street
- Montfort Street
- Neighbourhood
- 3402 - Vanier
More
- MLS® number
- X14112158
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
203-205 Marier Avenue, Vanier and Kingsview Park, ON K1L 5R6
3402 - Vanier, Vanier and Kingsview Park · Near Montfort Street
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Listing history for 203-205 Marier Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 203-205 Marier Avenue
Answers come straight from this home’s MLS® listing.
How much is 203-205 Marier Avenue listed for, and what would it cost each month?
203-205 Marier Avenue is listed for $2,200,000. With 20% down ($440,000), the mortgage payment would be roughly $8,874 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,917 a month, all in. That figure is an illustration, not a quote.
Is 203-205 Marier Avenue freehold or a condo, and is there a monthly fee?
203-205 Marier Avenue is a investment in 3402 - Vanier, Vanier and Kingsview Park. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 203-205 Marier Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
What style of home is 203-205 Marier Avenue?
203-205 Marier Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 203-205 Marier Avenue, and what is the lot size?
The lot is listed as 80 x 114 ft.
How is 203-205 Marier Avenue heated and cooled?
Heating is gas hot water. Cooling is yes.
What are the property taxes for 203-205 Marier Avenue?
Property taxes are $12,510 a year (2026), or about $1,043 a month.
Where is 203-205 Marier Avenue?
203-205 Marier Avenue is in the 3402 - Vanier community of Vanier and Kingsview Park. The nearest main intersection is Montfort Street. The postal code is K1L 5R6.
Is 203-205 Marier Avenue still for sale?
Yes. It is an active listing (MLS® X14112158). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 203-205 Marier Avenue asking?
Similar properties for sale nearby right now include 203-205 Marier Avenue at $2,200,000 (10+12 bed), 14 Marier Avenue at $1,800,000 and 183 MONTREAL Road at $1,899,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 203-205 Marier Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 203-205 Marier Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 3402 - Vanier, picked by style, size and price.
Multiplex$2,200,000203-205 Marier Avenue, Vanier and Kingsview Park10+12 bed · 8 bath · 3402 - VanierCourtesy of: EASY LIST REALTY LTD.View home →
Commercial retail$1,800,00014 Marier Avenue, Vanier and Kingsview Park3402 - VanierCourtesy of: CAPITAL COMMERCIAL INVESTMENT CORP.View home →
Commercial retail$1,899,900183 MONTREAL Road, Vanier and Kingsview Park3402 - VanierCourtesy of: EXP REALTYView home →Courtesy of: EASY LIST REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.