$4,299,900
Active14 Stevens Avenue, Ottawa, ON
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About this Property
- Set on a 4,977 sq ft lot (49
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.
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Listed by LPT REALTY · MLS# X14118826
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
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Property details of 14 Stevens Avenue, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
$4,299,900
14 Stevens Avenue, Ottawa, ON