Salehian.com 647-325-5000

118 Marier Avenue

3402 - Vanier, Vanier and Kingsview Park, K1L 5S1

$1,379,000

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  • 6 bathrooms

Listed 14 days ago · MLS® X13869952

About this home

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.

Details

Type
Investment
Lot
65.92 × 89.89 ft
Garage
None
Property tax
$9,666 (2026)
Neighbourhood
3402 - Vanier
Municipality
Vanier and Kingsview Park

Interior

Bathrooms
6 × bathroom

Heating, cooling and services

Utilities
Yes

Building and exterior

Building area
3,590 Square Feet

More

Possession
TBD
Cross street
Beechwood to Marier

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Rideau LRT2.5 km
  • 🚇 uOttawa LRT2.5 km

Within a 10-minute walk: 2 grocery stores, 30 cafés and restaurants, 12 parks, 7 pharmacies. Nearest grocery: Metro (700 m). Nearest park: St. Ambroise Park (250 m).

Schools nearby

Elementary

  • Trille-des-Bois Public Elementary School
    EQAO: Gr 6 reading 97%, math 79%    4 min walk
  • Assumption School Catholic
    EQAO: Gr 6 reading 96%, math 26%    13 min walk
  • Fern Hill School Private13 min walk
  • École élémentaire publique Mauril-Bélanger French
    EQAO: Gr 6 reading 79%, math 30%    13 min walk

Secondary

  • Ashbury College Private17 min walk
  • MacDonald-Cartier Academy Private18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1L

Owners / renters
33% / 67%
Median household income
$63,200
Average age
43
Children under 15
11%
Homes
13% detached, 23% high-rise
Commute by transit
19%
Population
18,213

Languages spoken most at home besides English: Arabic 1.7%, Spanish 1.1%, Portuguese 0.7%, Haitian Creole 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by LOTFUL REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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