Mirna Botros
613-600-262681 Marlborough Avenue - $1,468,800
81 Marlborough Avenue - $1,468,800
81 Marlborough Avenue
$1,468,800
4004 - Sandy Hill
Ottawa, OntarioK1N8E8
11 beds
4 baths
2 parking
MLS#: X12310028Listed: 22 days agoUpdated:22 days ago
Description
Amazing Purpose-Built TRIPLEX - Located on a quiet residential street in Sandy Hill, Ottawas most vibrant and historic downtown communities. Combining classic charm with modern functionality, this property features THREE UNITS - each equipped with its own kitchen, in-unit laundry, full bathroom(s), and living space - making it an ideal opportunity for investors or homeowners looking to offset their mortgage with rental income. The building offers a total of 11 bedrooms and 4 full bathrooms across the three units, each assigned a separate civic address: 81, 81B, and 83 Marlborough Avenue. The main level unit, 81 Marlborough, includes 5 Bedrooms, 2 Full Baths, a kitchen, and a bright living room, currently rented at $3,680 per month. The upper-level unit, 83 Marlborough, provides 3 Bedrooms, 1 Full Bath, a functional kitchen, and living area, generating $2,310 per month. The lower unit, 81B Marlborough, was fully renovated with city permits and offers a stylish, open-concept layout with 3 bedrooms, 1 Full Bathroom, a modern kitchen, and a living space, also rented at $2,310 per month. With R4UA zoning, this property provides significant flexibility and future development potential. Updates including a new combi-boiler for heating and hot water in 2019, new roof in 2021, and new windows was installed in the main and upper units in 2022. Two on-site parking spaces further enhance its income potential. Fully tenanted and generating strong annual gross revenue of $102,480, with annual operating expenses (property taxes, insurance, and snow removal) $16,014, the property reported a 2024 net income of $86,466. Utilities are separately paid by the tenants. Separate Hydro-Meters for each unit. Most units are available fully furnished, providing flexibility for both short-term and long-term rental strategies. Whether you're looking for a turnkey investment or a live-in opportunity with steady rental income, this triplex offers exceptional value in a prime downtown location. (id:58075)Details
Details for 81 Marlborough Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 2
- Neighborhood
- 4004 - Sandy Hill
- Land Size
- 41.5 x 94.1 FT
- Year Built
- -
- Annual Property Taxes
- $10,167
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
- Rooms
- -
- Bedrooms
- 11
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Full, Apartment in basement
Building
- Architecture Style
- -
- Direction
- Osgoode and Marlborough
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick
- Foundation
- Block
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 41.5 x 94.1 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 2
Utilities
- Cooling
- Wall unit
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 81 Marlborough Avenue, Ottawa, OntarioMap
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