14 Stevens Avenue Ottawa, Ontario K1K 1K5

23 Bathroom 10,000 sqft
Fully Air Conditioned Forced Air

$4,299,900

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. (id:63679)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X14118826
Property Type Multi-family
Community Name 3403 - Vanier
Amenities Near By Highway, Public Transit

Building

Bathroom Total 23
Age 0 To 5 Years
Appliances Blinds, Dishwasher, Dryer, Hood Fan, Microwave, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 10000 Sqft
Size Interior 10,000 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 99 Ft ,7 In
Size Frontage 49 Ft ,11 In
Size Irregular Bldg=49.94 X 99.65 Ft
Size Total Text Bldg=49.94 X 99.65 Ft
Zoning Description R4n (n4b In 2026 Plan)

https://www.realtor.ca/real-estate/30446301/14-stevens-avenue-ottawa-3403-vanier

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