For Sale: 154-156 Dagmar Avenue, Ottawa, ON - REW
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$1,524,900
6 bd • 6 ba • 2500 - 2999 sf • Multifamily
154-156 Dagmar Avenue
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$1,524,900
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154-156 Dagmar AvenueOttawa, ON, K1L 5T2

Vanier North
  • 6 Bed
  • 6 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

Turn-key and tenant-ready, this well-maintained 6-unit property - all 1-bed, 1-bath layouts - is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition - meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property's consistent demand and reliable cash flow. Whether you're growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross income $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged. (id:63626)
Listed by: Colin Zappia, Salesperson, SUTTON GROUP - OTTAWA REALTY

Home facts and features

Price details
List Price
$1,524,900
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Gross Taxes for 2025
$8,737
Home facts
Bedrooms
6
Full Bathrooms
6
Parking Details
No Garage
Property Type
Multifamily
Depth
89.9 feet
Frontage
33.0 feet
Exterior Finish
Vinyl siding
Heating Type
Radiant heat, Natural gas
Basement Details
Other, See Remarks,
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Colin Zappia
Primary Broker
SUTTON GROUP - OTTAWA REALTY
Listing details
Days on REW
22 Days
Property Views
30
MLS® Number
X13514378
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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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
Robert E. Wilson Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
Manor Park Public School
  • Public
  • JK - 6
ÉEP De la Salle
  • Public
  • 7 - 8
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Call Agent
Salesperson
Colin Zappia
Phone:
(613) 868-3311
Office:
613-744-5000
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.