118 Marier Ave

About this Property

Great investment opportunity in the heart of Vanier! This 6-unit building features five 2-bedroom units and one bachelor, offering a strong mix of existing income and future upside. Two units are currently vacant, giving a new owner the opportunity to bring them to current market rents, while two additional units are currently rented below market, creating further upside as tenants move out and rents can be increased. The basement also offers potential for an additional unit. The property sits on a double lot, giving investors and developers the opportunity to explore future redevelopment or intensification while continuing to generate rental income in the meantime. Located close to Montréal Road, Beechwood Avenue, grocery stores, restaurants, shopping and public transit, with easy access to downtown Ottawa, St. Laurent Shopping Centre and Train Yards. A great opportunity for investors looking for a solid multifamily property with multiple ways to increase income and long-term value. See attached pro forma for additional financial details.

Listing Details

MLS #

X13869952

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Garage

None

Parking Spaces

5

Heating

Other

Cooling

N

Lot Size

65.92 × 89.89 ft

Annual Taxes

$9,666/yr

Listed By

LOTFUL REALTY

Listed On

October 5, 2026

Features & Extras