For saleMLS® X13869724

64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre · Near Cartier Street · View map

$2,100,000
3453Sq ft
InvestmentType
CoveredGarage
7 totalParking
$15,891/yrTaxes
$2,100,000
FreeholdNo monthly condo fee
Covered garage7 parking spaces in total
Lot 44 x 90 ftThe land comes with the home

About this home

PROJECTED 5.37% CAP RATE AT $2,100,000. 64 Delaware Avenue: fully furnished, restored 5-plex in Ottawa's sought-after Golden Triangle. Projected annual gross income of $143,100 and NOI of $112,807, based on the following pro forma: 1 x two-bedroom suite at $2,700/month, 4 x one-bedroom suites at $2,150/month, plus $7,500/year from 5 parking spaces. Apartment rents total $11,300/month or $135,600/year. Deducting 3% vacancy/collection loss ($4,293), property taxes ($16,000), insurance ($5,000) and general maintenance ($5,000) yields the projected NOI above. Currently vacant, offering the opportunity to establish new tenancies at market-supported rents. Extensive updates, furnished suites and preserved architectural character complement this central location near the Rideau Canal, Elgin Street, shops and restaurants. Income figures are projections, not an existing rent roll. Cap rate is before financing; additional owner-paid utilities, management and replacement reserves are excluded. Buyers to verify achievable rents and complete operating costs.

The home

Type
Investment
Square footage
3453 sq ft
Lot size
44 x 90 ft
Approximate age
100+ years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Radiant
Air conditioning
Yes

Garage & parking

Garage
Covered
Driveway spaces
7
Total parking
7

Taxes & other

Property taxes
$15,891/yr
Tax year
2025
Occupancy
Vacant
Possession
TBD
Cross street
Cartier Street
Neighbourhood
4104 - Ottawa Centre/Golden Triangle

More

MLS® number
X13869724

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Want to know something that isn’t listed?
Estimated monthly cost$9,795per month, all in
  • Mortgage
  • Property tax

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    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.

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    64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3

    4104 - Ottawa Centre/Golden Triangle, Ottawa Centre · Near Cartier Street

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    Sold history

    Listing history for 64 Delaware Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 64 Delaware Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 64 Delaware Avenue listed for, and what would it cost each month?

    64 Delaware Avenue is listed for $2,100,000. With 20% down ($420,000), the mortgage payment would be roughly $8,471 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,795 a month, all in. That figure is an illustration, not a quote.

    Is 64 Delaware Avenue freehold or a condo, and is there a monthly fee?

    64 Delaware Avenue is a investment in 4104 - Ottawa Centre/Golden Triangle, Ottawa Centre. 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 64 Delaware Avenue have a garage and parking?

    Yes. The listing shows the garage as covered. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.

    What style of home is 64 Delaware Avenue?

    64 Delaware Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 64 Delaware Avenue, and what is the lot size?

    The lot is listed as 44 x 90 ft.

    How is 64 Delaware Avenue heated and cooled?

    Heating is radiant. Cooling is yes.

    What are the property taxes for 64 Delaware Avenue?

    Property taxes are $15,891 a year (2025), or about $1,324 a month.

    Where is 64 Delaware Avenue?

    64 Delaware Avenue is in the 4104 - Ottawa Centre/Golden Triangle community of Ottawa Centre. The nearest main intersection is Cartier Street. The postal code is K2P 0Z3.

    Is 64 Delaware Avenue still for sale?

    Yes. It is an active listing (MLS® X13869724). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 64 Delaware Avenue asking?

    Similar properties for sale nearby right now include 64 Delaware Avenue at $2,100,000 (5+1 bed), 342 Frank Street at $2,395,000 and 245 Bay Street at $1,777,866. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 64 Delaware 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 64 Delaware 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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