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$1,379,0002 days 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.

Detached

$415,000

Below recent sales

319 Savard Avenue

2 bed · 1 bath·< 700 sq ft·3 parking

Ottawa

Listed 2 days ago · Engel & Volkers Ottawa

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 3 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 3 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

$622KMedian 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

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.

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.