118 Marier Avenue

Vanier and Kingsview Park, ON

6 bath
3,590 sqft
Investment

$1,379,000

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

Property

Lot Size: 65.92 x 89.89 Feet

Parking

Garage: None

Utilities

Sewer: None

Location & Legal

Cross Street: Beechwood to Marier
Zoning: R4E
Parcel Number: 042350283
Possession: Flexible
Occupancy: Partial

Included

Inclusions: 6 Fridge, 6 Stove, coin operated washer/dryer
Rental Items: None

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: $525,000
Homes sold: 167
Median days on market: 33
Sale-to-list price: 97.1%

Based on 167 recorded sales of commercial properties in Vanier and Kingsview Park over the last 12 months.

Listed by

LOTFUL REALTY

Walk Score

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Location

Street View

Commercial figures

Building area: 3,590 sq ft
Price per sq ft: $384.12
Annual property tax: $9,666
Tax per sq ft: $2.69

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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