118 Marier Avenue, Ottawa, Ontario

About 118 Marier Avenue

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. (id:6289)

More Info on this 3402 - Vanier Other MLS® listing

118 Marier Avenue is an other listing for sale in Ottawa. The MLS® number is X13869950. It features 11 bedrooms, 6 bathrooms. It's currently listed for $1,379,000. For more details on MLS® X13869950, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in 3402 - Vanier is available now!

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