118 Marier Avenue
Vanier and Kingsview Park, ON
- 11 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
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.
Listing Details
- Taxes (2026)
- $9,666
- Listed
- October 5, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Concrete
- Roof
- Flat
- Foundation
- Poured Concrete
- Interior
- None
- Lot Size
- 65.92 x 89.89 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Other
Location & Legal
- Cross Street
- Beechwood to Marier
- Parcel Number
- 042350283
- Possession
- Flexible
- Occupancy
- Partial
Included
- Inclusions
- 6 Fridge, 6 stove, coin operated washer/dryer
- Rental Items
- none
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
- École élémentaire publique Mauril-Bélanger0.8 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
- Assumption Catholic Elementary School0.8 km
Catholic · Ottawa CSB · 260 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% 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 School2 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique de l’innovation2.6 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
- $525,000
- Homes sold
- 168
- Median days on market
- 33
- Sale-to-list price
- 97.1%
Based on 168 recorded sales of residential freehold properties in Vanier and Kingsview Park over the last 12 months.
Listed by
LOTFUL REALTY
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Location
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Mortgage Calculator
$275,800
Estimated Monthly Payment
$6,775
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: $6,775/mo (20% down, 5.5%)
Taxes: $805/mo · Insurance: $345/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?