154-156 Dagmar Avenue
Vanier and Kingsview Park, ON
- 6 bed
- 6 bath
- approx. 2500-3000 sqft
- Multiplex
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 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
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Property
- Style
- 3-Storey
- Construction
- Vinyl Siding
- Roof
- Flat
- Foundation
- Block
- Interior
- None
- Lot Size
- 32.96 x 89.88 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Dagmar and Hannah
- Zoning
- N3B
- Parcel Number
- 042330007
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 6 fridges, 6 stoves, coin-operated washer and dryer (1 set)
- Exclusions
- Tenant belongings
Schools
Elementary
- École élémentaire publique Trille des Bois0.3 km
French public · CÉP de l'Est de l'Ontario · 605 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 79% met the provincial standard
- Assumption Catholic Elementary School0.6 km
Catholic · Ottawa CSB · 260 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% met the provincial standard
- École élémentaire publique Mauril-Bélanger0.7 km
French public · CÉP de l'Est de l'Ontario · 245 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- École secondaire publique De La Salle1.5 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Ottawa Technical Secondary School1.9 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique de l’innovation2.5 km
French Catholic · CSDC du Centre-Est de l'Ontario · 95 students
Grade 10 literacy: 71% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Vanier and Kingsview Park · last 12 months
- Median sold price
- $527,500
- Homes sold
- 170
- Median days on market
- 32
- Sale-to-list price
- 97.2%
Based on 170 recorded sales of residential freehold properties in Vanier and Kingsview Park over the last 12 months.
Listed by
SUTTON GROUP - OTTAWA REALTY
Walk Score
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Location
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Mortgage Calculator
$304,980
Estimated Monthly Payment
$7,491
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,491/mo (20% down, 5.5%)
Taxes: $728/mo · Insurance: $381/mo
Estimates only. Consult a financial advisor.
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