$2,100,000
22.54 BTC
Photos
Map
64 Delaware Avenue, Ottawa Centre
$2,100,000
PRICE
5 + 1
BEDROOMS
5
BATHROOMS
X13869734
MLSID

64 Delaware Avenue, Ottawa Centre

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.
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Summary

Address
64 Delaware Avenue
MLSID
X13869734
Property Type
Multiplex
Property Category
Bedrooms
5 + 1
Bathrooms
5
Kitchens
4 + 1
Taxes (Annual)
$15,891.15
Tax Year
2025
Published
October 6, 2026
Days on Market
22 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

All furniture as seen on property.

Details

Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector, Monitored
Bathroom 1
4-Piece Basement Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Third Level
Basement
Finished, Full
Exterior Features
Canopy, Deck, Lighting, Porch
Interior Features
Carpet Free
Parking Spaces
5
Parking Total
7
Parking Features
Lane, Tandem, Front Yard Parking
Architectural Style
3-Storey
Roof
Metal
Construction Materials
Brick, Stone
Lot Width
44 Feet
Lot Depth
90 Feet
Water
Municipal
Heat Source
Other
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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342 Frank Street, Ottawa Centre
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$2,395,000
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