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    For Sale - 118 Marier Avenue, Vanier and Kingsview Park, Ontario

    Est payment $6,622/mo
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    Views   1
    Time on Jump  2 day

    AI Summary *

    • Six-unit building on a double lot with redevelopment potential.
    • Five 2-bedroom units and one bachelor available for rental.
    • Two currently vacant units offer flexible rent-setting opportunities.
    • Two rented units below market, providing room for income growth.
    • Great location near shopping, restaurants, and public transit.




    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 IDX13869950
    Address118 Marier Avenue
    CityVanier and Kingsview Park, Ontario
    Price$1,379,000
    Bed / Bath11 / 6 Full
    Style2-Storey, Multiplex
    ConstructionConcrete
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation Poured ConcreteHeating / Cooling WaterHeating Fuel OtherSewer Sewer

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    Listing Brokerage: LOTFUL REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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