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118 Marier Avenue

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  • 6 Bathroom
  • 3,590 sqft
  • None
  • Other

$1,379,000

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. (id:66888)

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Details

Property Details
MLS® Number X13869952
Property Type Multi-family
Community Name 3402 - Vanier
Parking Space Total 5
Building
Bathroom Total 6
Appliances Dryer, Washer
Cooling Type None
Heating Type Other
Size Exterior 3590 Sqft
Size Interior 3,590 Sqft
Type Multi-family
Utility Water Municipal Water
Land
Acreage No
Size Depth 89 Ft ,10 In
Size Frontage 65 Ft ,11 In
Size Irregular Bldg=65.92 X 89.89 Ft
Size Total Text Bldg=65.92 X 89.89 Ft
Zoning Description R4e

Map

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