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$ 1,379,000
Est. payment /mo
New
118 Marier AVE Vanier And Kingsview Park, ON K1L 5S1
11 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 3402 - Vanier
MLS Listing ID X13869950
Style 2-Storey
Bedrooms 11
Annual Tax Amount $9,665
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Other
Exterior
Pool None
Roof Type Flat
Lot Frontage 65.92
Lot Depth 89.89
Total Parking Spaces 5
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by LOTFUL REALTY
NEARBY SCHOOLS & PROPERTIES
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