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156 Dagmar Av 6 Unit Apartment Building $1,253,521 USD ($208,920 USD/Unit) 5.45% Cap Rate Vanier, ON K1L 5T2
Investment Highlights
- Turnkey 6-unit investment property just steps from vibrant Beechwood Avenue.
- Modern features include a master key system and smart thermostats for remote management.
- Strong cash flow with a Net Operating Income of $92,671 and tenant-paid hydro.
- Long-term property manager in place, offering hassle-free ownership continuity.
Executive Summary
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. 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.
Property Facts
| Price | $1,253,521 USD | Apartment Style | Low-Rise |
| Price Per Unit | $208,920 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.45% | Building Size | 4,000 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2000 |
| Price | $1,253,521 USD |
| Price Per Unit | $208,920 USD |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
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Walker's Paradise (90)
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156 Dagmar Av
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