81 Marlborough Avenue Ottawa, Ontario K1N 8E8
$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:49063)
Property Details
| MLS® Number | X12310028 |
| Property Type | Multi-family |
| Community Name | 4004 - Sandy Hill |
| Features | Carpet Free |
| Parking Space Total | 2 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 11 |
| Bedrooms Total | 11 |
| Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement |
| Basement Type | Full |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 94 Ft ,1 In |
| Size Frontage | 41 Ft ,6 In |
| Size Irregular | 41.5 X 94.1 Ft |
| Size Total Text | 41.5 X 94.1 Ft |
https://www.realtor.ca/real-estate/28659271/81-marlborough-avenue-ottawa-4004-sandy-hill
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July 28 2025 04:54:07
Ottawa Real Estate Board
Home Run Realty Inc.