1 / 33

Investment signal

$674,900

209 MARIER AVENUE

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This beautiful duplex features a thoughtfully updated 3-bedroom main floor unit and an equally stunning upper unit with 4 bedrooms. All bedrooms above grade! Whether you're an investor, a savvy buyer looking to offset your mortgage, or planning for multi-generational living, this smart layout gives you the ultimate flexibility. With a strong projected cap rate of ~7.5%, this property has the potential to generate consistent cash flow. Both units have seen extensive renovations and upgrades featuring all new windows and exterior doors (2024) including increasing the size of the main floor living room window, air conditioner (2024), fresh paint (2024) and even new plumbing from the street (2025). The design is full of charm with functional flow and bright living spaces, dedicated dining areas, and beautifully updated kitchens featuring classic subway tile and woodblock countertops -- timeless finishes that appeal to both end-users and tenants alike. Private laundry in both units! The large rear deck extends your usable space outdoors, perfect for entertaining or adding value for future tenants. There's also a detached garage for extra storage. This duplex not only offers the potential for owner occupancy with long-term appreciation but also presents a very attractive investment for landlords. Only a 10 minute walk to Beechwood Ave! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 3402 - Vanier
Lot dimensions: 34 x 93 FT
Bedrooms: 7 above grade
Parking: 4 total
Stories: 2
On market: Apr 20, 2026
Status changed: Apr 27, 2026
Annual tax: $5,087.66 (2025)
Zoning: R4E-c
Photos: 31
MLS#: X13022468
Area: OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedN/A

Appliances

Water meterDishwasherDryerMicrowaveHood FanBlindsTwo stovesTwo WashersWater HeaterTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Stone

Lot

Carpet Free

Negative cash flow ~$762/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,178

Financing

Down payment$134,980

Loan amount$539,920

Mortgage$2,736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$309

Insurance$80

Maintenance$562

CapEx reserve$281

Vacancy loss$169

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,736/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.