$1,379,000
 $7,403 est/mo Sourced by Back At You

118 Marier Avenue,Ottawa, ON K1L5S1

Ottawa, ON K1L5S1

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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. (id:13843)

Details

MLS #X13869950
Listing TypeFor Sale
StatusActive
Days On Site15
Listing Provided ByLOTFUL REALTY | Omar Hashem

Features

Bed(s)11
Bath(s) 6 Total
SQ Feet3,500
Story(s)2

Interior

CoolingNone
HeatingOther
AppliancesWasher, Refrigerator, Stove, Dryer
Fireplace Yes / NoNo

Exterior

Foundation DetailsPoured Concrete

Parking

Parking FeaturesNo Garage
Parking Total5

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount9665.54

Area Information

ProvinceON
CityOttawa
Postal CodeK1L5S1
Listing VS Median (in K1L5S1)
Price:
$1,379,000
low | high
Med:
$1,379,000
50% of Average
sqft:
3,500
low | high
Med:
3,545
48.714285714286% of Average
$ / sqft:
$394
low | high
Med:
$389
51.25348189415% of Average
On site:
15
low | high
Med:
15
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityOttawa
Postal CodeK1L5S1
Listing VS Median (in K1L5S1)
Price:
$1,379,000
low | high
Med:
$1,379,000
50% of Average
sqft:
3,500
low | high
Med:
3,545
48.714285714286% of Average
$ / sqft:
$394
low | high
Med:
$389
51.25348189415% of Average
On site:
15
low | high
Med:
15
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.034M - $1.723M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
118 MARIER AVENUE Property Photo 1
$1,379,000
118 Marier Avenue
Ottawa, ON K1L5S1
154-156 DAGMAR AVENUE Property Photo 1
$1,524,900
154-156 Dagmar Avenue
Ottawa, ON K1L5T2
154-156 DAGMAR AVENUE Property Photo 1
$1,524,900
154-156 Dagmar Avenue
Ottawa, ON K1L5T2
Listing Updated: October 7, 2026 at 6:58:09 AM PDT

Paul Liberatore - Sutton