For Sale: 118 Marier Avenue, Ottawa, ON - REW
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$1,379,000
11 bd • 6 ba • 3500 - 4999 sf • Multifamily
118 Marier Avenue
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$1,379,000
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118 Marier AvenueOttawa, ON, K1L 5S1

Vanier North
  • 11 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Omar Hashem, Salesperson, LOTFUL REALTY

Home facts and features

Price details
List Price
$1,379,000
Get Pre-Approved
Gross Taxes for 2026
$9,666
Home facts
Bedrooms
11
Full Bathrooms
6
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Lot Size
65 ft x 89 ft (5924 ft²)
Depth
89.9 feet
Frontage
65.1 feet
Exterior Finish
Concrete
Heating Type
Other
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Omar Hashem
Primary Broker
LOTFUL REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13869950
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ÉEP Trille des Bois
  • Public
  • JK - 8
Répit-Transit
  • Public
  • JK - 12
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
St Brigid Elementary School
  • Catholic
  • JK - 6
Manor Park Public School
  • Public
  • JK - 6
Robert E. Wilson Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
ÉEP De la Salle
  • Public
  • 7 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Omar Hashem
Phone:
(613) 867-7669
Office:
613-724-6222
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