• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
  • +1-905-744-6000
  • info@findhomes.ca
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64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3
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64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3

Ottawa Centre, ON, K2P 0Z3 · 4104 - Ottawa Centre/Golden Triangle

6 Beds
5 Baths
— Sq Ft
5 Parking
Multiplex Type
X13869734 MLS#

About this property

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 2-bedroom suite at $2,700/month, 4 x 1-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.

Features & Amenities

  • Basement: Finished, Full
  • Garage: Detached
  • Cooling: Other
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 3-Storey
  • Construction: Brick, Stone
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 3-Storey
Bedrooms 6
Bathrooms 5
Basement Finished, Full
Garage Detached
Parking Spaces 5
Heat Type Forced Air
Heat Source Gas
Cooling Other
Sewer Sewer
Annual Tax $15,891
Tax Year 2025

Interior Features

Interior Features
Carpet Free

Exterior Features

Exterior Features
Canopy, Deck, Lighting, Porch
Other Structures
Additional Garage(s), Shed
Pool Features
None

Building & Construction

Architectural Style
3-Storey
Construction Materials
Brick, Stone
Foundation Details
Stone
Roof
Metal
Basement
Finished, Full

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Other

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
5
Parking Total
7.00
Parking Features
Lane, Tandem, Front Yard Parking
Covered Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
90.00
Lot Width
44.00

Financial & Tax

Tax Annual Amount
$15,891
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
15
Rooms Below Grade
4
Kitchens Above Grade
4
Kitchens Total
5
Bedrooms Above Grade
5
Bedrooms Below Grade
1

Additional Details

Occupant Type
Vacant
Direction Faces
East
County Or Parish
Ottawa
Cross Street
Cartier Street
Directions
Elgin Street just north of 417, turn right on McLeod, TL on Cartier, TR on Delaware. Or come in off QE Drive.
Special Designation
Unknown
Showing Requirements
Lockbox

Location

64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3, Ottawa Centre, ON, K2P 0Z3

Listing courtesy of ROYAL LEPAGE TEAM REALTY
Out believe has request not how comfort evident. Up delight cousins we feeling minutes genius.

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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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