For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Vanier

118 Marier Avenue

Multiplex

MLS® #X13869950

Listed for$1,379,0001 day on market

11 bed 6 bath 5 parking 3500-5000 sq ft~$324/sq ft

New this week
Transit stop ~238.9 km

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Est. all-in monthly~$7,222/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~238.94 km

Property information

What house buyers ask first

Lot size: 65.92 × 89.89 ft
Square footage: 3500-5000 sq ft
Property tax: $9,666 / yr
Parking: 5 spaces · None
Basement: None

Property summary

Property type: Multiplex
Style: 2-Storey
Lot size: 65.92 × 89.89 ft
Parking: 5 spaces · None
Heating: Water
Air conditioning: None
Basement: None
Kitchens: 6
Exterior: Concrete
Property tax: $9,666 / yr
MLS®: X13869950

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$299,000

Below recent sales

200 Lafontaine Avenue, Unit 902

2 bed · 2 bath·1000-1199 sq ft·1 parking·$720/mo fee

Ottawa

Listed 2 days ago · RE/MAX Hallmark Realty Group

Multiplex

$2,200,000

203-205 Marier Avenue

10+12 bed · 8 bath·3500-5000 sq ft·5 parking

Ottawa

Listed 2 days ago · Easy List Realty Ltd.

The numbers that matter

Property tax: $9,666/yr
Est. all-in: ~$7,222/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~238.9 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$618KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr -3% · 3-yr +1%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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. 6A 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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by LOTFUL REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.