• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$4,299,900
Available - For Sale
Listing ID: X14118826
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, supplyconstrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today'sinvestors 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 suitesand owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient yearround heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from theRideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, MontfortHospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. LaurentShopping 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 builtfor long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turnover, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a provenOttawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of aconfidentiality agreement. Don't miss this rare chance to acquire a modern, income-generating landmark in Canada's capital.
Price $4,299,900
Taxes: $23000.00
Tax Type: Annual
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
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 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
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
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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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
Personal Picture
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: 3403 - Vanier
Style:
Lot Size: x 99.65(Feet)
Approximate Age: 0-5
Tax: $23,000
Maintenance Fee: $0
Beds: 0
Baths: 23
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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