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203-205 Marier Avenue

203-205 Marier Avenue

Vanier and Kingsview Park, ON

  • 22 bed
  • 8 bath
  • approx. 3500-5000 sqft
  • Multiplex
$2,200,000

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.

Listing Details

Taxes (2026)
$12,510
Listed
October 6, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
51-99
Construction
Stucco (Plaster), Vinyl Siding
Roof
Asphalt Rolled, Other
Foundation
Concrete
Interior
None
Lot Size
80 x 114 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Marier Ave at Montfort St
Zoning
R4E-c
Parcel Number
042320301
Possession
Other
Occupancy
Tenant

Included

Inclusions
All designated furniture and appliances
Rental Items
Furnace and hot water tank

Schools

Elementary

  • Assumption Catholic Elementary School0.5 km

    Catholic · Ottawa CSB · 260 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% met the provincial standard

  • École élémentaire publique Trille des Bois0.6 km

    French public · CÉP de l'Est de l'Ontario · 605 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 79% met the provincial standard

  • École élémentaire catholique Horizon-Jeunesse0.8 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 465 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 71% met the provincial standard

Secondary

  • Ottawa Technical Secondary School1.7 km

    Public · Ottawa-Carleton DSB · 330 students

    Grade 10 literacy: 48% met the provincial standard

  • École secondaire publique De La Salle1.7 km

    French public · CÉP de l'Est de l'Ontario · 950 students

    Grade 10 literacy: 93% met the provincial standard

  • École secondaire catholique de l’innovation2.3 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 95 students

    Grade 10 literacy: 71% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1L

Population
18,213
Private dwellings
10,797
Median age
41.2
Average household size
1.8
Median household income
$63,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Vanier and Kingsview Park · last 12 months

Median sold price
$525,000
Homes sold
167
Median days on market
33
Sale-to-list price
97.1%

Based on 167 recorded sales of residential freehold properties in Vanier and Kingsview Park over the last 12 months.

Listed by

EASY LIST REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$440,000

Estimated Monthly Payment

$10,808

Land transfer tax

Estimated land transfer tax$41,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $10,808/mo (20% down, 5.5%)

Taxes: $1,043/mo · Insurance: $550/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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