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- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- X12392560
- Bedrooms:
- 16
- Bathrooms:
- 12
- Photos (27)
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Brand-new 12-unit apartment building located in Ottawa, offering strong income potential with an estimated annual rent roll of $300,600. The property consists of eight one-bedroom and four two-bedroom apartments, each equipped with five appliances and individual storage lockers. The units feature luxury vinyl tile flooring in the living areas, kitchens, and bedrooms, complemented by ceramic tile in the bathrooms. Modern design and quality finishes are consistent throughout the building. Please note that there is no on-site parking.As a newly constructed building, this is a turnkey, low-maintenance investment ideally situated in a high-demand rental market. Based on current projected revenue and normalized expenses, the cap rate is estimated at 4.21%. Asking rents are set at $2,400 for the two-bedroom units, $1,950 for the one-bedroom units, and $1,800 for a basement one-bedroom unit. This represents a rare opportunity to acquire a newly built, income-generating property with strong rental demand and solid long-term upside in Ottawas competitive multi-residential market. (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Living Area (Min):
- 5,000 sq. ft.
- Living Area (Max):
- 2.3 acre(s)
- Taxes:
- $14,637.4 / 2024
- Community:
- 3403 - Vanier
- Features:
- Separate Electricity Meters, Separate Heating Controls
- Exterior Features:
- Stone
- Structure Type:
- House
- Appliances Included:
- Water Heater
- Bedrooms:
- 16
- Bedrooms Above Grade:
- 16
- Bathrooms:
- 12.0
- Cooling:
- Air exchanger, Ventilation system, Wall unit
- Fireplace:
- No
- Foundation:
- Poured Concrete
- Heating:
- Hot water radiator heat, Natural gas
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Finished, Apartment in basement, N/A
- Lot Frontage:
- 47'10¾"
- Lot Details:
- 47.8 x 91.8 FT
- Lot Features:
- Flat site, Carpet Free
- Parking:
- No Garage
- Total Parking Spaces:
- 0
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Building façade -
Building façade
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Entrance hall (2 bedrooms unit)
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Bathroom (2 bedrooms unit)
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Room (2 bedrooms unit)
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Room (2 bedrooms unit)
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Living room (2 bedrooms unit)
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Living room (2 bedrooms unit)
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Living room (2 bedrooms unit)
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Kitchen (2 bedrooms unit)
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Kitchen (2 bedrooms unit)
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Kitchen (2 bedrooms unit)
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Bathroom (2 bedrooms unit)
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Bedroom (2 bedrooms unit)
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Bedroom (2 bedrooms unit)
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Closet (2 bedrooms unit)
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Bedroom (2 bedrooms unit)
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Bedroom (2 bedrooms unit)
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Balcony (2 bedrooms unit)
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Balcony (2 bedrooms unit)
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Living room (1 bedroom unit)
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Kitchen (1 bedroom unit)
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Kitchen (1 bedroom unit)
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Living room (1 bedroom unit)
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Bathroom (1 bedroom unit)
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Bedroom (1 bedroom unit)
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Bedroom (1 bedroom unit)
Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 13, 2025 at 11:15 PM (UTC)
- SHAMIR DAYA
- REMAX HALLMARK REALTY GROUP
- 1 (613) 8644212
- Contact by Email
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SHAMIR DAYA
REMAX HALLMARK REALTY GROUP
610 Bronson Ave
Ottawa, ON, K1S 4E6