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For Sale

154-156 Dagmar Avenue, Vanier and Kingsview Park, ON K1L 5T2

$1,524,900

  • Investment
  • MLS® X13514334

Listing Brokerage: SUTTON GROUP - OTTAWA REALTY

Description

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 rental 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.

Property details

MLS® number
X13514334
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
3402 - Vanier
City
Vanier and Kingsview Park
Building area
2960 Square Feet
Lot width
32.96 Feet
Lot depth
89.88 Feet
Heating
Radiant
Cooling
No
Garage
None
Taxes
$8,736.88
Tax year
2026
Listing brokerage
SUTTON GROUP - OTTAWA REALTY

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