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$ 1,468,800
Est. payment /mo
New
81 Marlborough AVE Lower Town - Sandy Hill, ON K1N 8E8
11 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision 4004 - Sandy Hill
MLS Listing ID X12310028
Style 2-Storey
Bedrooms 11
Annual Tax Amount $10,167
Tax Year 2025
Property Sub-Type Triplex
Property Description
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.
Location
State ON
County Ottawa
Community 4004 - Sandy Hill
Area Ottawa
Rooms
Family Room Yes
Basement Apartment, Full
Kitchen 3
Interior
Interior Features Carpet Free
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.45
Lot Depth 94.14
Total Parking Spaces 2
Building
Foundation Concrete Block
Listed by HOME RUN REALTY INC.