Randy Miller
For Sale · MLS® X13869952

118 Marier Avenue

3402 - Vanier · Vanier and Kingsview Park · ON · K1L 5S1

6 baths 3,590 sqft Investment
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.
Type Investment
Lot 65.9 ft frontage
Size 3,590 sqft
Taxes $9,666/yr
Neighbourhood 3402 - Vanier
Randy Miller Broker of Record Urban Avenue Realty Ltd. 647-492-9229 · randy@urbanavenue.ca
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