118 MARIER AVENUE, Ottawa, Ontario
$1,379,000
- 6 Baths
- 3,590 Square Feet
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:25961)
- Listing ID: X13869952
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Sanaz Saeedi would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Sanaz Saeedi, who specializes in Ottawa real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Sanaz Saeedi find a property to match your lifestyle.
Listing provided by LOTFUL REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 118 MARIER AVENUE in Ottawa Ontario. It was last modified on October 6th, 2026. Contact Sanaz Saeedi to schedule a viewing or to discover other Ottawa homes for sale.