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14 STEVENS AVENUE, Ottawa, Ontario

$4,299,900

23 bath · 10,000 sq ft

MLS® X14118826

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:56426)

Jim Mattice

Listed by LPT REALTY

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
12,247
Median household income
$68,231
Median home value
$406,565
Owner-occupied
35%
Homes for sale
96
Median list price
$619,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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