Jag Patel
Broker
$4,200,000
Available - For Sale
Listing ID: X13561168
259-257 Bradley Avenue , Vanier and Kingsview Park, K1L 7E8, Ottawa
| TURNKEY PRE-CONSTRUCTION 10-UNIT INVESTMENT WITH $600K BUILT-IN EQUITY. Secure a brand-new, purpose-built rental property at 257-259 Bradley Ave before completion and capitalize on immediate upside. Listed at $4,200,000 with a recent "as-complete" appraisal of $4,800,000, this rare offering delivers exceptional day-one value and a strong projected 5.2% cap rate. Bypass years of holding costs, municipal red tape, and construction management; this hands-off asset will be delivered fully constructed and ready to lease. Designed for maximum cash flow and premium tenant attraction, the building features a highly desirable, family-friendly mix of two spacious 4-bedroom units, four 3-bedroom units, four 2-bedroom units, and four parking spots in front of the building. Walk-out suites ideal for short-term rental, potential to add 4 additional units. Located on a 65.92' x 94.66' lot just minutes from downtown Ottawa, the vibrant Beechwood Avenue corridor, rapid transit, and top-tier schools. This is an unmatched opportunity for investors to acquire a premium, high-density asset in a fast-evolving neighbourhood with immediate equity and lucrative foundational returns. |
| Price | $4,200,000 |
| Taxes: | $8115.68 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 259-257 Bradley Avenue , Vanier and Kingsview Park, K1L 7E8, Ottawa |
| Postal Code: | K1L 7E8 |
| Province/State: | Ottawa |
| Legal Description: | LTS 100 & 101, PL 246 ; VANIER/GLOUCESTE |
| Directions/Cross Streets: | Montreal Rd & Bradley Ave |
| 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 |
| Building Percentage: | T |
| Total Area: | 0.14 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ENGEL & VOLKERS OTTAWA |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Tax: | $8,115.68 |
| Fireplace: | N |
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