109-111 Marier Avenue, Ottawa, Ontario, K1L5R9
Details
- Listing ID: 1328509
- Price: $1,190,000
- Address: 109-111 Marier Avenue, Ottawa, Ontario K1L5R9
- Neighbourhood: Beechwood / Vanier North
- Year Built: 1937
- Property Type: Retail
Description
Rare 3-unit investment opportunity consisting of an up-down duplex and separate retail/commercial building! The unit mix of this property includes a converted single family home of 2 x 1 bedroom apartments (one of which includes a partially finished basement with in-unit washer/dryer), plus a separate commercial building, currently being used as an automotive repair business. Rectangular 40′ x 100′ lot provides excellent future re-development potential. Property is located in close walking distance to popular, trendy Beechwood Avenue. Upper apartment is rented below market at $1,200 utilities included. Landlord has left lower apartment vacant for showings and to provide a buyer flexibility to use or renovate as they choose. Market rent for this unit is estimated at $1,500 utilities included. Commercial building rented at $3,525 including water, property taxes and HST. Furnace in duplex replaced in 2018. Electrical panel replaced in 2016. (id:22130)
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