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$1,524,900
154-156 Dagmar Avenue • Ottawa, ONSold Conditional
Courtesy of SUTTON GROUP - OTTAWA REALTY
6
Bedrooms
6
Bathrooms
2500-3000
Square feet
0
Parking

About this home

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.

Property details

Property type
Multiplex
Style
3-Storey
Total rooms
24
Lot size
32.96 × 89.88 ft
Property taxes
$8,736.88 (2026)
Days on market
54
Status
Active Under Contract
MLS®

Property history

Recently sold nearby

Listing data last updated: Aug 24, 2026, 1:10 p.m. EDT via TRREB IDX.

First listed: Jul 2, 2026, 1:42 p.m. EDT.