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8 Bath Commercial Property in Vanier and Kingsview Park
About 203-205 Marier Avenue
Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may potentially allow future development.
Vanier and Kingsview Park investment priced at $2,200,000 — book a tour to see if it fits your search.
Inside 203-205 Marier Ave
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
203-205 Marier Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14112158$2,200,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 203-205 Marier Ave Compares to the Vanier and Kingsview Park Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Vanier and Kingsview Park market, last 90 days
Median sold price
$510,000
Average sold price
$511,406
Average days on market
39
Homes sold
55
Closed sales on the TRREB MLS®.
Living in Vanier and Kingsview Park: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 203-205 Marier Ave. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 203-205 Marier Ave
Market pulse · Vanier and Kingsview Park
Median sold price$510,000Last 90 days
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings116Homes for sale here right now.
Median vs prior 90 days−5.6%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 55 sales from Jul 25 – Oct 23, 2026 (58 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
203-205 Marier Ave is listed at $2,200,000 (MLS® X14112158). Summitly updates the price as soon as the MLS® record changes.
Has the price of 203-205 Marier Ave changed?
No — 203-205 Marier Ave is still listed at its original asking price of $2,200,000.
How many bedrooms and bathrooms does 203-205 Marier Ave have?
203-205 Marier Ave has 8 bathrooms. It is a commercial property in Vanier and Kingsview Park.
Is 203-205 Marier Ave close to transit?
The nearest rapid-transit station is UOttawa Station (O-Train Line 1), about 2.5 km in a straight line. Rideau Station is about 2.5 km, and Lees Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 203-205 Marier Ave compare with other homes in Vanier and Kingsview Park?
Its asking price of $2,200,000 is about 331% above the median sold price in Vanier and Kingsview Park over the last 90 days, $510,000, across 55 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 203-205 Marier Ave been sold before?
Summitly has no earlier MLS® sale or lease of 203-205 Marier Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 203-205 Marier Ave?
203-205 Marier Ave is in Vanier and Kingsview Park, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 203-205 Marier Ave been on the market?
203-205 Marier Ave was listed today (October 23, 2026).
What is the land transfer tax on 203-205 Marier Ave?
About $41,475 in Ontario land transfer tax at the asking price of $2,200,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 203-205 Marier Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 203-205 Marier Ave?
The listing for 203-205 Marier Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vanier and Kingsview Park.
When was 203-205 Marier Ave built?
The listing for 203-205 Marier Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
