$ 5,000,000
-
$5,000,000
Price -
16
Bed -
12
Bath -
5,000
SqFt
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About the Listing 504301 -
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.
Listing Highlights for 26 McArthur Ave
Interior Details
- Bedrooms: 16
- Bathrooms: 12 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Apartment
- Other: Carpet Free,Separate Hydro Meter,Storage Area Lockers,Air Exchanger,Water Heater,Ventilation System,Separate Heating Controls
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat,Tar and Gravel
- Others:
- Sewer: Sewer
Financial Details
- Tax Amount: $14,637
- Taxes w/Assessments: N/A
- Tax/Property ID: 042490043
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
26 McArthur Ave Vanier and Kingsview Park, ON K1L 6R2
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