$ 1,379,000
118 Marier Avenue
118 Marier Avenue, Ottawa, ON K1L5S1 Photo 1
41 Photos
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118 Marier Avenue, Ottawa

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. (id:1945)
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Property details for 118 Marier Avenue, Ottawa

Type
Multi-family
Bedrooms
11
Bathrooms
6
Lot Size
65.9 x 89.9 FT
Stories
2
Basement
None
Parking
No Garage
Heating
Other
Cooling
None
Exterior
Concrete
Annual Taxes
$9,666

Nearby Listings Stat

Estimated price and comparable properties near 118 Marier Avenue

Active Listings
2
Min Price
$1,379,000
Max Price
$1,379,000
Avg Price
$1,379,000
Days on Market
1
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Ottawa, Ontario

Population
447
Median Age
39.8
Median Income
$28,224
Dwelling Value
$349,097

Housing Tenure

Owners 40%
Renters 60%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 6,721.8/km²
Avg Shelter Cost: $1,068/mo
Owners with Mortgage: 47.4%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 44.8%
English only: 43.8%
French only: 4.5%
English and French: 51.7%
Median Household Income: $46,464
Median Employment Income: $31,680

Price History

Listed
October 7, 2026
by LOTFUL REALTY
Current Price
$1,379,000
Type
Multi-family
For Sale
118 Marier Avenue

Contact Agent Get in touch about 118 Marier Avenue, Ottawa

Omar Hashem
Omar Hashem
LOTFUL REALTY

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