For sale 50$1,585,000
1+2 bed3 bath1,500–2,000 sq ft
6 Marchvale Drive
Kanata - Kanata Lakes/Heritage Hills, Ottawa
1 month agoMLS® X13733716
ENGEL & VOLKERS OTTAWA
$2,100,000
64 Delaware Avenue
Ottawa Centre/Golden Triangle, Ottawa, Ontario K2P0Z3
For sale· Added
5+1 bed5 bath3,000–3,500 sqft
About this home
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.
Location
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Property details
Listing
- MLS® number
- X13869734
- Added
- Oct 6, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 3
Inside
- Bedrooms
- 5+1
- Bathrooms
- 5
- Heating
- Radiant heat, Forced air, Natural gas
- Fireplace
- No
- Flooring
- Tile, Hardwood, Laminate
- Appliances
- Water meter, Furniture
- Features
- Lane, Lighting, Carpet Free
Building
- Basement
- Finished, Full
- Exterior
- Brick, Stone
- Foundation
- Stone
- Parking
- Detached Garage, Garage, Tandem · 7 spaces
- Amenities
- Canopy
- Security
- Alarm system, Smoke Detectors, Monitored Alarm
Land
- Lot size
- 44 x 90 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Cartier Street
- Directions
- Elgin Street just north of 417, turn right on McLeod, TL on Cartier, TR on Delaware. Or come in off QE Drive.
Running costs
- Annual property tax (2025)
- $15,891
Rooms
| Bathroom | Basement | 2.54 x 1.53 m |
| Bedroom | Main level | 1.97 x 4.46 m |
| Living room | Main level | 5.64 x 5.82 m |
| Bathroom | Main level | 2.96 x 1.68 m |
| Kitchen | Main level | 3.07 x 3.65 m |
| Bedroom | Second level | 3.75 x 4.06 m |
| Living room | Second level | 4.1 x 3.68 m |
| Other | Second level | 2.88 x 2.96 m |
| Bathroom | Second level | 3.72 x 1.66 m |
| Bedroom | Second level | 3.1 x 4.51 m |
| Dining room | Second level | 5.19 x 4.92 m |
| Dining room | Basement | 2.44 x 4.04 m |
| Kitchen | Second level | 1.69 x 3.2 m |
| Dining room | Third level | 4.51 x 4.22 m |
| Kitchen | Third level | 3.83 x 1.61 m |
| Bedroom | Third level | 3.84 x 3.65 m |
| Bathroom | Third level | 1.85 x 4.39 m |
| Living room | Third level | 3.8 x 5.45 m |
| Other | Third level | 3.19 x 0.91 m |
| Other | Third level | 2.64 x 0.8 m |
| Other | Third level | 2.78 x 2.93 m |
| Living room | Basement | 4.12 x 2.44 m |
| Kitchen | Basement | 5.18 x 6.09 m |
| Bedroom | Basement | 3.63 x 4.6 m |
| Bathroom | Main level | 1.56 x 3.1 m |
| Living room | Main level | 4.71 x 4.38 m |
| Kitchen | Main level | 3.22 x 2.95 m |
| Dining room | Main level | 2.95 x 2.45 m |
| Bedroom | Main level | 3.18 x 3.11 m |
$2,100,000
64 Delaware Avenue
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