230-232 Marier Avenue Ottawa, Ontario K1L 5R3

4 Bedroom 4 Bathroom
Hot Water Radiator Heat

$600,000

Great opportunity to own a TRIPLEX in Vanier with the option of easily creating additional units . Purchase as owner-occupied building, or add it to your investment portfolio. LARGE and WIDE LOT with R4UA-C zoning allowing for expansion & redevelopment (up to 8-plex with commercial unit - buyer to verify). Centrally located, walking distance to parks and shopping. Easy access to downtown and Beechwood Village. Unit 1-232 is a main level unit with full basement featuring 1 bedroom (possibility of adding a second), 2 FULL bathrooms and porch. This unit could easily be converted into 2 units (main level is VACANT, basement is rented). 2-232 is a upper level unit with 1 bedroom, 1 bathroom and balcony. 230 Marier is a upper level 2 bedrooms, 1 bathroom unit with balcony. The building also comes with a very large heated & attached 27ft X18ft garage that can be rented on its own or converted into an additional unit. Common laundry on site. All units are occupied except for the main level of unit 1-232 (basement is rented). Monthly income of $2,203 with all tenants month-to-month. Tenants pay their own hydro. Shingles (2009), Natural Gas Boiler (2024), Partial Siding and Flashing Repairs (2022), Water Main/Line to street replacement (2023). This is an ideal acquisition for someone looking to invest in a growing area with the possibility of increasing the property's value. 24 HRS notice for showings. 24 HRS irrevocable on all offers. Property is sold as-is, where-is (estate conditions) **** EXTRAS **** RENTS: 1A-232 ($806), 2-232 ($806), 230 ($591). TOTAL $26,436 (PROJECTED $103,200). EXPENSES: Snow removal ($1037), Lawn Maintenance ($600), Insurance ($3373), Gas ($3,037), Water ($817), Taxes ($5421). TOTAL: $14,285. (id:50886)

Property Details

MLS® Number X11937091
Property Type Single Family
Community Name 3402 - Vanier
Features Irregular Lot Size
Parking Space Total 8

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Dryer, Hood Fan, Microwave, Refrigerator, Storage Shed, Stove, Washer
Basement Type Full
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Type Triplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 88 Ft ,10 In
Size Frontage 68 Ft ,10 In
Size Irregular 68.84 X 88.9 Ft
Size Total Text 68.84 X 88.9 Ft
Zoning Description R4ua-c

https://www.realtor.ca/real-estate/27833965/230-232-marier-avenue-ottawa-3402-vanier

Contact Us

Contact us for more information

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Dan Mayer
Salesperson

(613) 315-8363
www.lbhome.ca/
www.facebook.com/danmayerrealtor/

Royal LePage Performance Realty
#107-250 Centrum Blvd.
Ottawa, Ontario K1E 3J1

(613) 830-3350
(613) 830-0759

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