154-156 Dagmar Avenue

3402 - Vanier, Vanier and Kingsview Park, K1L 5T2

$1,524,900

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  • 6 bedrooms
  • 6 bathrooms
  • 0 parking
  • 2500-3000 sq ft

Listed 110 days ago · MLS® X13514378

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.

Details

Type
Multiplex
Style
3-Storey
Size
2500-3000 sq ft
Lot
32.96 × 89.88 ft
Basement
Other
Garage
None
Kitchens
6
Property tax
$8,737 (2026)
Neighbourhood
3402 - Vanier
Municipality
Vanier and Kingsview Park

Interior

Bedrooms
6 above ground
Bathrooms
6 × 4-piece
Rooms
24 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Radiant, Gas
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Vinyl Siding
Roof
Flat
Foundation
Block
Faces
South

Lot

Size
32.96 × 89.88 ft

More

Possession
Immediate
Cross street
Dagmar and Hannah

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.

Living here

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Listed by SUTTON GROUP - OTTAWA REALTY.

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