154-156 Dagmar Ave, Ottawa, Ontario K1L 5T2

Townhouse
6
6
~2500-3000 sqft
$1,524,900
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Townhouse
6
6
~2500-3000 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$559/sqft

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Description

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 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.


Property Details

Style3-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size2,962 SqFt(89.88 x 32.96)
Parking Spaces-
MLS ®NumberX13514378
Community NameVanier North
Data SourceTRREB
Listing bySUTTON GROUP - OTTAWA REALTY

Features

Heating: Radiant
Basement: Other

Features

Lot size: 2,962 SqFt

Property listed by SUTTON GROUP - OTTAWA REALTY, Brokerage
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