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Investment signal

$1,649,900

154-156 DAGMAR AVENUE

Save this home

Beds

Baths

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Investment Opportunity: 6-Unit Multi-Residential Building. Located just a few blocks from vibrant Beechwood Avenue, this well-maintained 6-unit property presents a strong investment opportunity. Each unit offers one bedroom and one bathroom, with consistent updates and maintenance carried out over the years. Key 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: $115,320, Operating expenses: $22,649, Net Operating Income (NOI): $92,671. Utilities: tenants pay their own hydro; landlord covers heat, water, and common area electricity. This property offers excellent cash flow with upside potential. Full investor package is available. Some photos are virtually staged. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
3402 - Vanier
Living area
4,000 square feet
Lot dimensions
32.96 x 89.88 FT
On market
Mar 19, 2026
Status changed
Apr 24, 2026
Annual tax
$8,364.6
Zoning
R4UA
Photos
32
MLS#
X12898742
Area
OTTAWA

Features and systems

Appliances

WasherDryer

Heating

Radiant heat

Cooling

None
Negative cash flow ~$1,749/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,091

Financing

Down payment$329,980
Loan amount$1,319,920
Mortgage$6,688/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$756
Insurance$80
Maintenance$1,375
CapEx reserve$687
Vacancy loss$413

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,688/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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