$1,379,000
Est. payment $6,106/moCalculate yours
118 Marier Avenue, Vanier and Kingsview Park, ON K1L 5S1
3402 - Vanier, Vanier and Kingsview Park, ON K1L 5S1
- 11 Beds
- 6 Baths
- 3,500 Sq Ft
Listing courtesy of LOTFUL REALTY MLS® X13869950
About this home
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 details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 11
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- None
Building & Systems
- Heating
- Water (Other)
- Cooling
- None
- Exterior
- Concrete
- Foundation
- Poured Concrete
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 65.92 x 89.89 Feet
- Parking
- None garage · 5 total
Financial
- Property Taxes
- $9,666 (2026)
Location
- Neighbourhood
- 3402 - Vanier
- Cross Street
- Beechwood to Marier
- Direction Faces
- North
Listing
- MLS® Number
- X13869950
- Days on Market
- 13
- Listed On
- 2026-10-05
- Possession
- TBD
- Listed By
- LOTFUL REALTY
Features
Interior
- None
Pool
- None
- Included
- 6 Fridge, 6 stove, coin operated washer/dryer
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$6,106 per month
- Principal and interest
- $6,106
- Property tax
- $805
- Condo fees
- $0
- Estimated monthly cost
- $6,911
Your mortgage
- Mortgage amount
- $1,103,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $728,574
Cash to close
- Down payment
- $275,800
- Land transfer tax
- $24,055
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $299,855
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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