NewFor Sale

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

Multiplex
TRREB
MLS® Number: X13869734
Estimated Value
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$2,100,000List Price
5+1Bedrooms
5Bathrooms
1Garages
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Listing History

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Current valuation for 64 Delaware Avenue, Ottawa Centre, ON K2P 0Z3. Listed for $2,100,000 on 2026-11-02

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Description

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

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Amenities

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Summary

Tax:$15,891.15 / 2025
Listing #:X13869734
Property Type:Multiplex, 3-Storey
Size:3000-3500 feet²
Land Size:44 x 90
Days on CPRB:
Garage:Detached 1 garage
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE TEAM REALTY

Rooms

Details

Property

Property Type:Multiplex
Style:3-Storey
Community:4104 - Ottawa Centre/Golden Triangle
Municipality:Ottawa

Building

Size:3000-3500 feet²
Construction:Brick, Stone

Inside

Bedrooms:5+1
Bedrooms Above Grade:5
Bathrooms:5
Bathrooms Detail:1, 4pc Basement floor
Bathrooms Detail:2, 4pc Main floor
Bathrooms Detail:1, 4pc Second floor
Bathrooms Detail:1, 4pc Third floor
Kitchens:5
Family Room:No
Appliances Included:Carpet Free
Basement:Finished, Full

Parking

Driveway:Lane, Tandem, Front Yard Parking
Garage Type:Detached
Garage Spaces:1
Total Parking Spaces:7

Utilities

Cooling:Other
Heating Type:Forced Air
Heating Fuel:Other
Utility Sewer:Sewer

Land

Cross Street:Cartier Street

$2,100,000

List price

64 Delaware Avenue, Ottawa Centre – Multiplex for sale · MLS® # X13869734