14 Stevens Avenue Ottawa, Ontario K1K 1K5

$4,390,000

Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supply-constrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today's investors 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 suites and owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient year-round heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from the Rideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, Montfort Hospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. Laurent Shopping 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 built for long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turn over, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a proven Ottawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of a confidentiality agreement. Don't miss this rare chance to acquire a modern, income-generating landmark in Canada's capital. (id:43934)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X13475228
Property Type	Multi-family
Neigbourhood	Vanier South
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/29937396/14-stevens-avenue-ottawa-3403-vanier