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$5,000,000
Available - For Sale
Listing ID: X12392560
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.
Price $5,000,000
Taxes: $14,637.4
Assessment Year: 2024
Occupancy by: Vacant
Address: 26 Mcarthur Aven , Vanier and Kingsview Park, K1L 6R2, Ottawa
Directions/Cross Streets: Lake Ave. W
Rooms: 40
Bedrooms: 16
Bedrooms +: 0
Washrooms: 12
Family Room: F
Basement: Finished
Apartment
No. of Pieces Level
Washroom 1:  3
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: Other
Exterior: Stone
Other
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: True
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Income Required $ $ $ $

This chart 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.
RE/MAX HALLMARK REALTY GROUP

26 Mcarthur Aven , Vanier and Kingsview Park, K1L 6R2, Ottawa


 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3403 - Vanier
Style: Other
Lot Size: x 91.79(Feet)
Approximate Age:
Tax: $14,637.4
Maintenance Fee: $0
Beds: 16
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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