64 Delaware Avenue Ottawa, Ontario K2P 0Z3
$2,100,000
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. (id:37072)
Property Details
| MLS® Number | X13869734 |
| Property Type | Multi-family |
| Neigbourhood | Golden Triangle |
| Community Name | 4104 - Ottawa Centre/Golden Triangle |
| Features | Lane, Lighting, Carpet Free |
| ParkingSpaceTotal | 7 |
| Structure | Deck, Porch, Shed |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 5 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 6 |
| Amenities | Canopy |
| Appliances | Water Meter, Furniture |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ExteriorFinish | Brick, Stone |
| FireProtection | Alarm System, Smoke Detectors, Monitored Alarm |
| FlooringType | Tile, Hardwood, Laminate |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage | |
| Tandem |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft |
| SizeFrontage | 44 Ft |
| SizeIrregular | 44 X 90 Ft |
| SizeTotalText | 44 X 90 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.75 m | 4.06 m | 3.75 m x 4.06 m |
| Second Level | Living Room | 4.1 m | 3.68 m | 4.1 m x 3.68 m |
| Second Level | Other | 2.88 m | 2.96 m | 2.88 m x 2.96 m |
| Second Level | Bathroom | 3.72 m | 1.66 m | 3.72 m x 1.66 m |
| Second Level | Bedroom | 3.1 m | 4.51 m | 3.1 m x 4.51 m |
| Second Level | Dining Room | 5.19 m | 4.92 m | 5.19 m x 4.92 m |
| Second Level | Kitchen | 1.69 m | 3.2 m | 1.69 m x 3.2 m |
| Third Level | Dining Room | 4.51 m | 4.22 m | 4.51 m x 4.22 m |
| Third Level | Kitchen | 3.83 m | 1.61 m | 3.83 m x 1.61 m |
| Third Level | Bedroom | 3.84 m | 3.65 m | 3.84 m x 3.65 m |
| Third Level | Bathroom | 1.85 m | 4.39 m | 1.85 m x 4.39 m |
| Third Level | Living Room | 3.8 m | 5.45 m | 3.8 m x 5.45 m |
| Third Level | Other | 3.19 m | 0.91 m | 3.19 m x 0.91 m |
| Third Level | Other | 2.64 m | 0.8 m | 2.64 m x 0.8 m |
| Third Level | Other | 2.78 m | 2.93 m | 2.78 m x 2.93 m |
| Basement | Bathroom | 2.54 m | 1.53 m | 2.54 m x 1.53 m |
| Basement | Dining Room | 2.44 m | 4.04 m | 2.44 m x 4.04 m |
| Basement | Living Room | 4.12 m | 2.44 m | 4.12 m x 2.44 m |
| Basement | Kitchen | 5.18 m | 6.09 m | 5.18 m x 6.09 m |
| Basement | Bedroom | 3.63 m | 4.6 m | 3.63 m x 4.6 m |
| Main Level | Bedroom | 1.97 m | 4.46 m | 1.97 m x 4.46 m |
| Main Level | Living Room | 5.64 m | 5.82 m | 5.64 m x 5.82 m |
| Main Level | Bathroom | 2.96 m | 1.68 m | 2.96 m x 1.68 m |
| Main Level | Kitchen | 3.07 m | 3.65 m | 3.07 m x 3.65 m |
| Main Level | Bathroom | 1.56 m | 3.1 m | 1.56 m x 3.1 m |
| Main Level | Living Room | 4.71 m | 4.38 m | 4.71 m x 4.38 m |
| Main Level | Kitchen | 3.22 m | 2.95 m | 3.22 m x 2.95 m |
| Main Level | Dining Room | 2.95 m | 2.45 m | 2.95 m x 2.45 m |
| Main Level | Bedroom | 3.18 m | 3.11 m | 3.18 m x 3.11 m |
Interested?
Contact us for more information
Dennis Tarrant
Broker
5536 Manotick Main St
Manotick, Ontario K4M 1A7
Adam Mills
Broker
5536 Manotick Main St
Manotick, Ontario K4M 1A7
Frank Fragomeni
Broker
6081 Hazeldean Road, 12b
Ottawa, Ontario K2S 1B9
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October 07 2026 12:23:27
Ottawa Real Estate Board
Royal LePage Team Realty