154-156 Dagmar Avenue,Ottawa, ON K1L5T2
Ottawa, ON K1L5T2
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 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. (id:374)
Details
| MLS # | X13514334 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 111 |
| Listing Provided By | SUTTON GROUP - OTTAWA REALTY | Colin Zappia |
Features
| SQ Feet | 2,960 |
|---|---|
| Zoning | R4E |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant heat |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 8736.88 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5T2 |
| Listing VS Median (in K1L5T2) | |
Price: $1,524,900 low | high Med: $1,524,900 sqft: 2,960 low | high Med: 2,730 $ / sqft: $515 low | high Med: $563 On site: 111 low | high Med: 111 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5T2 |
| Listing VS Median (in K1L5T2) | |
Price: $1,524,900 low | high Med: $1,524,900 sqft: 2,960 low | high Med: 2,730 $ / sqft: $515 low | high Med: $563 On site: 111 low | high Med: 111 | |
 | $1,524,900154-156 Dagmar AvenueOttawa, ON K1L5T2 |
 | $1,379,000118 Marier AvenueOttawa, ON K1L5S1 |