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64 DELAWARE AVENUE, Ottawa, Ontario

$2,100,000

6 Beds
5 Baths

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:25961)

Listing ID: X13869734
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	3.75 m x 4.06 m
Living room	Second level	4.1 m x 3.68 m
Other	Second level	2.88 m x 2.96 m
Bathroom	Second level	3.72 m x 1.66 m
Bedroom	Second level	3.1 m x 4.51 m
Dining room	Second level	5.19 m x 4.92 m
Kitchen	Second level	1.69 m x 3.2 m
Dining room	Third level	4.51 m x 4.22 m
Kitchen	Third level	3.83 m x 1.61 m
Bedroom	Third level	3.84 m x 3.65 m
Bathroom	Third level	1.85 m x 4.39 m
Living room	Third level	3.8 m x 5.45 m
Other	Third level	3.19 m x 0.91 m
Other	Third level	2.64 m x 0.8 m
Other	Third level	2.78 m x 2.93 m
Bathroom	Basement	2.54 m x 1.53 m
Dining room	Basement	2.44 m x 4.04 m
Living room	Basement	4.12 m x 2.44 m
Kitchen	Basement	5.18 m x 6.09 m
Bedroom	Basement	3.63 m x 4.6 m
Bedroom	Main level	1.97 m x 4.46 m
Living room	Main level	5.64 m x 5.82 m
Bathroom	Main level	2.96 m x 1.68 m
Kitchen	Main level	3.07 m x 3.65 m
Bathroom	Main level	1.56 m x 3.1 m
Living room	Main level	4.71 m x 4.38 m
Kitchen	Main level	3.22 m x 2.95 m
Dining room	Main level	2.95 m x 2.45 m
Bedroom	Main level	3.18 m x 3.11 m

Details

Features: Lane, Lighting, Carpet Free
Parking Spaces: 7
Structure: Deck, Porch, Shed
Transaction: For sale

Building

Amenities: Canopy
Appliances: Water meter, Furniture
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 5
Bedrooms Lower Level: 1
Exterior Finish: Brick, Stone
Fireplace Present: False
Fire Protection: Alarm system, Smoke Detectors, Monitored Alarm
Flooring: Tile, Hardwood, Laminate
Foundation: Stone
Bathrooms (Total): 5
Heating: Forced air, Radiant heat
Heating Fuel: Other
Size Interior: 3000 - 3500 sqft
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 44 ft
Size Irregular: 44 x 90 FT

Listing provided by ROYAL LEPAGE TEAM REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 64 DELAWARE AVENUE in Ottawa Ontario. It was last modified on October 6th, 2026. Contact Sanaz Saeedi to schedule a viewing or to discover other Ottawa real estate for sale.

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