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    For Sale - 154-156 Dagmar Avenue, Vanier and Kingsview Park, Ontario

    Est payment $7,322/mo
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    Views   1
    Time on Jump  4 day

    AI Summary *

    • Turn-key property with stable 6-unit layout, all 1-bedroom apartments.
    • Strong 6% cap rate and over $93,000 annual net operating income.
    • Updated units with major systems maintained for less hassle.
    • Low turnover and minimal vacancy highlight consistent rental demand.
    • Efficient management options and modern amenities like smart thermostats.




    Turn-key and tenant-ready, this well-maintained 6-unit property - all 1-bed, 1-bath layouts - is now available at a newly reduced price. With a strong 6% cap rate and noi just over $93,000 annually, 154-156 dagmar offers investors a rare combination of stability and upside, right on the border of desirable beechwood. Every unit has been thoughtfully updated, and major systems are in excellent condition - meaning less maintenance headache and more predictable returns from day one. The uniform 1br/1ba unit mix simplifies management and appeals to a steady pool of renters, while a history of minimal vacancy speaks to the property's consistent demand and reliable cash flow. Whether you're growing your portfolio or making your first move into multifamily, this is an opportunity that checks the boxes: strong income, low turnover, a sought-after beechwood-adjacent location, and a price point that just got more attractive. Ey features include: master key system for efficient access (no need for multiple keys), smart thermostat control, allowing for remote management via mobile app, long-time property manager in place if you wish to continue with them. Roof (2011), windows (2012), hwt (2016). Financial highlights: gross rental income: $116,160, operating expenses: $23,022, net operating income (noi): $93,138. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. Some photos are virtually staged.
    Listing IDX13514334
    Address154-156 Dagmar Avenue
    CityVanier and Kingsview Park, Ontario
    Price$1,524,900
    StyleInvestment
    Land Size2970
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Radiant

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    Listing Agency:  SUTTON GROUP - OTTAWA 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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    154-156 Dagmar Avenue
    Vanier and Kingsview Park , Ontario
    $1,524,900
    Get more info