118 Marier Avenue, Vanier and Kingsview Park, ON K1L 5S1
Vanier and Kingsview Park, ON K1L 5S1
About this property
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.
Property facts & features
- Property type
- Multiplex
- MLS® number
- X13869950
- Source status
- New
- Bedrooms
- 11
- Bathrooms
- 6
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K1L 5S1
- Parking spaces
- 5
- Garage
- None
- Lot depth (source units)
- 89.89
- Annual property tax
- 9665.54
- Basement
- None
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,379,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Vanier and Kingsview Park →Listing brokerage: LOTFUL REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13869950. Information deemed reliable but not guaranteed.