32
$1,524,900 Sale
Listed 102 days ago
154-156 Dagmar Avenue
· 6
· 6
· 0
· 2500-3000
Listing History
Buy/Sell/Terminated/Expired listing history for 154-156 Dagmar Avenue
Key Facts
Key facts for 154-156 Dagmar Avenue
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 0 parking
MLS #
X13514378
Size
2500-3000 sqft
Basement
Other
Listed on
2026-07-02
Lot size
33 x 89.88
Tax
$8,736.88 /yr
Days on Market
103
Approximate Age
-
Maintenance Fee
-
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 de...sirable 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.
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Courtesy of: SUTTON GROUP - OTTAWA REALTY