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Listed price in listed location currency (CAD).
$1,379,000

1165

MLS® X13869950

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $9,666
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13869950

Property Address: 118 Marier Ave, Ottawa, ON, K1L5S1

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity in the heart of Vanier! This 6-unit building features five 2-bedroom units and one bachelor, offering a strong mix of existing income and future upside. Two units are currently vacant, giving a new owner the opportunity to bring them to current market rents, while two additional units are currently rented below market, creating further upside as tenants move out and rents can be increased. The basement also offers potential for an additional unit. The property sits on a double lot, giving investors and developers the opportunity to explore future redevelopment or intensification while continuing to generate rental income in the meantime. Located close to Montréal Road, Beechwood Avenue, grocery stores, restaurants, shopping and public transit, with easy access to downtown Ottawa, St. Laurent Shopping Centre and Train Yards. 6A great opportunity for investors looking for a solid multifamily property with multiple ways to increase income and long-term value. See attached pro forma for additional financial details.
MLS® NumberX13869950
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementNone
DrivewayGarage Type:None
Garage Spaces
HeatOther, Water
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,379,000

For Sale · 0 days

$1,379,000

MLS® X13869950

3 hours ago

Not Sold Yet

October 2026, For Sale for $1,379,000

For Sale · 0 days

$1,379,000

MLS® X13869950

3 hours ago

Not Sold Yet

December 2024, Withdrawn for $1,350,000

Withdrawn · 313 days

$1,350,000

MLS® X9438623

2 years ago

Canceled on Dec 31, 2024

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