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81 Marlborough Avenue Ottawa, Ontario K1N 8E8

11 Bedroom 4 Bathroom 3,000 - 3,500 ft2
Fireplace Wall Unit Forced Air

$1,468,800

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:37351)

Property Details

MLS® Number X12310028
Property Type Multi-family
Community Name 4004 - Sandy Hill
Features Carpet Free
ParkingSpaceTotal 2

Building

BathroomTotal 4
BedroomsAboveGround 11
BedroomsTotal 11
Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType Full
CoolingType Wall Unit
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3,000 - 3,500 Ft2
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 94 Ft ,1 In
SizeFrontage 41 Ft ,6 In
SizeIrregular 41.5 X 94.1 Ft
SizeTotalText 41.5 X 94.1 Ft

https://www.realtor.ca/real-estate/28659271/81-marlborough-avenue-ottawa-4004-sandy-hill

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Eugine Wong
Salesperson

(613) 878-2388
www.euginewong.com/

Home Run Realty Inc.
1000 Innovation Dr, 5th Floor
Kanata, Ontario K2K 3E7

(613) 518-2008
(613) 800-3028

Jessica Li
Broker

(613) 869-8808

Home Run Realty Inc.
1000 Innovation Dr, 5th Floor
Kanata, Ontario K2K 3E7

(613) 518-2008
(613) 800-3028

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