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)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Parking Spaces: 5
- Transaction: For sale
Building
- Appliances: Dryer, Stove, Washer, Refrigerator
- BasementType: None
- Bedrooms Main Level: 11
- Cooling: None
- Exterior Finish: Concrete
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 6
- Heating Fuel: Other
- Size Interior: 3500 - 5000 sqft
- Stories Total: 2
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 65 ft ,10 in
- Size Irregular: 65.9 x 89.9 FT
Listing provided by LOTFUL REALTY
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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 Biju George to schedule a viewing or to discover other Ottawa homes for sale.