Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6 Beds
6 Baths

C$1,524,900

154-156 Dagmar Avenue, Vanier and Kingsview Park ON, K1L 5T2

Property typeMulti-family

Overview

Active

New

Listed Jul 2, 2026

Updated 4 weeks ago

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.

Additional information

MLS® ID
X13514378

Interior Features

Bedrooms
6
Bathrooms
6
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$8,737
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Listed by , SUTTON GROUP - OTTAWA REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:29 AM UTC, 9/10/2026

 

Powered by Luxury Presence