New 154-156 Dagmar Avenue, Vanier and Kingsview Park, ON K1L 5T2
3402 - Vanier · Vanier and Kingsview Park · ON
About this property
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.
Property details
- MLS® Number
- X13514334
- Status
- Active / New
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Investment
- Lot Size
- Feet
- Lot Width
- 32.96
- Lot Depth
- 89.88
- Taxes
- $8,737
- Tax Year
- 2026
- Garage
- None
- Heating
- Radiant
- Cooling
- No
- Cross Street
- Dagmar and Hannah
- Directions
- Vanier Parkway to Deschamps, left on Hannah, left on Dagmar. From Beechwood, go down Marier to Hannah to Dagmar.
- Occupancy
- Tenant
Building & Construction
- Building area
- 2960
Parking & Garage
- Garage
- None
Community & Neighbourhood
- Cross street
- Dagmar and Hannah
Utilities & Services
- Utilities
- Yes
Location
Property History
- Listed
- July 2, 2026 1:37 PM
- Listing updated
- September 9, 2026 6:56 PM
- System updated
- September 9, 2026 6:56 PM
- Photos changed
- July 2, 2026 1:37 PM
- Media changed
- July 2, 2026 1:43 PM
- Imported locally
- September 10, 2026 12:00 AM