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For Sale

118 Marier Avenue, Vanier and Kingsview Park, ON K1L 5S1

$1,379,000

  • 6 Bathrooms
  • Investment
  • MLS® X13869952

Listing Brokerage: LOTFUL REALTY

Description

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.

Property details

MLS® number
X13869952
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
3402 - Vanier
City
Vanier and Kingsview Park
Bathrooms
6
Building area
3590 Square Feet
Lot width
65.92 Feet
Lot depth
89.89 Feet
Heating
Other
Cooling
No
Garage
None
Taxes
$9,665.54
Tax year
2026
Listing brokerage
LOTFUL REALTY

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