154-156 Dagmar Avenue

Vanier and Kingsview Park, ON

2,960 sqft
Investment
79 days on market

$1,524,900

Turn-key and tenant-ready, this well-maintained 6-unit property - all 1-bed, 1-bath layouts - is now available at a newly reduced price. With a strong 6% cap rate and NOI just over $93,000 annually, 154-156 Dagmar offers investors a rare combination of stability and upside, right on the border of desirable Beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition - meaning less maintenance headache and more predictable returns from day one. The uniform 1BR/1BA unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property's consistent demand and reliable cash flow. Whether you're growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after Beechwood-adjacent location, and a price point that just got more attractive. ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), HWT (2016). Financial highlights: Gross rental income: $116,160, Operating expenses: $23,022, Net Operating Income (NOI): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged.

Listing Details

Taxes (2026): $8,737
Listed: July 2, 2026

Price History

Listing history

Property

Lot Size: 32.96 x 89.88 Feet

Parking

Garage: None

Location & Legal

Cross Street: Dagmar and Hannah
Zoning: R4E
Parcel Number: 042330007
Possession: Immediate
Occupancy: Tenant

Included

Inclusions: 6 fridges, 6 stoves, coin-operated washer and dryer (1 set)
Exclusions: Tenant belongings

Community

Postal area K1L

Population: 18,213
Private dwellings: 10,797
Median age: 41.2
Average household size: 1.8
Median household income: $63,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Vanier and Kingsview Park · last 12 months

Median sold price: $540,000
Homes sold: 173
Median days on market: 32
Sale-to-list price: 97.3%

Based on 173 recorded sales of commercial properties in Vanier and Kingsview Park over the last 12 months.

Listed by

SUTTON GROUP - OTTAWA REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 2,960 sq ft
Price per sq ft: $515.17
Annual property tax: $8,737
Tax per sq ft: $2.95

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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