$4,390,000
Available - For Sale
Listing ID: X13475228
14 Stevens Avenue , Vanier and Kingsview Park, K1K 1K5, Ottawa
| Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supply-constrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today's investors seek: zero deferred maintenance, modern energy-efficient systems, and a diversified income stream across fifteen bedrooms. Each of the eight self-contained 2-level suites is finished to a trophy standard - engineered oak flooring, quartz kitchen countertops, stainless steel appliances, marble-tiled bathrooms, in-suite laundry, and private balconies in the upper units. Individually metered suites and owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient year-round heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from the Rideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, Montfort Hospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. Laurent Shopping Centre are close at hand. Set on a 4,977 sq ft lot (49.94' x 99.65') and newly-zoned N4B, this is a true core-plus asset built for long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turn over, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a proven Ottawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of a confidentiality agreement. Don't miss this rare chance to acquire a modern, income-generating landmark in Canada's capital. |
| Price | $4,390,000 |
| Taxes: | $32000.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 14 Stevens Avenue , Vanier and Kingsview Park, K1K 1K5, Ottawa |
| Postal Code: | K1K 1K5 |
| Province/State: | Ottawa |
| Legal Description: | LT 19, PL 399 ; VANIER/GLOUCESTER |
| Directions/Cross Streets: | N River Road/Stevens Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 10000.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 0-5 |
| Chattels: | T |
| Management Expense: | 4800 |
| Water Expense: | $6000 |
| Vacancy Allowance: | 4900 |
| Net Income Before Debt: | $179800 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 23 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Water: | Water Sys |
| Water Supply Types: | Water System |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| LPT REALTY |
|
|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3403 - Vanier |
| Approximate Age: | 0-5 |
| Tax: | $32,000 |
| Baths: | 23 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
