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Listed price in listed location currency (CAD).
$5,000,000

16120

MLS® X12392560

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $14,637
Days Active 54
Lot Size 
Approx. Age 
MLS® Number X12392560

Property Address: 26 Mcarthur Ave, Vanier, ON, K1L6R2

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX12392560
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished, Apartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 9, 2025List Date
$5,000,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
26 Mcarthur Ave, Vanier, ON

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