118 Marier Avenue
Ottawa (Vanier), ON K1L 5S1
- 11Bedrooms
- 6Bathrooms
- 5Parking
- 3500–5000Sq Ft
- $9,666Tax
- 66×90 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 118 Marier Avenue, Ottawa, Vanier
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 118 Marier Avenue, Ottawa, Vanier
Summarized Description
- 6-unit building with strong income potential
- Two units vacant for market rent increase
- Opportunity for additional unit in basement
- Located on a double lot for redevelopment
- Close to amenities and public transit
- Solid investment for long-term value growth
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,666
- Land Transfer Tax Fee
- $24,055
Rental Items
- Rental Equipment
- none
- Basement Type
- None
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Concrete
- Roof
- Flat
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 65.92 ft
- Lot Depth
- 89.89 ft
Inclusions
- Inclusions
- 6 Fridge, 6 stove, coin operated washer/dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Water
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 11
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 3-piece
- Municipality
- Ottawa
- Neighbourhood
- Vanier
- Main cross streets
- Beechwood to Marier
- Directions
- Beechwood to Marier
- MLS® number
- X13869950
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-05
- Updated on
- 2026-10-07
- Days on market
- 10 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- LOTFUL REALTY
Home Market Value
Current home valuation for 118 Marier Avenue, Ottawa, Vanier, Ottawa, ON. Listed for $1,379,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 118 Marier Avenue, Ottawa, Vanier
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $879,000 over $500K
$112,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $50,637 | $38,474 | $32,820 | $0 |
=Total mortgage | $1,316,559 | $1,279,574 | $1,204,970 | $1,103,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,428monthly | $6,248monthly | $5,883monthly | $5,386monthly |
Land Transfer Tax
$24,055
$24,055
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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