Commercial $ 4,390,000

14 Stevens AVE

Vanier And Kingsview Park, ON K1K 1K5

  • 23 Baths
  • - Year Built
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.
Listed by LPT REALTY

VIRTUAL TOUR

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PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Investment

    Listing Status Active

    Purchase Type For Sale

    Subdivision 3403 - Vanier

    MLS Listing ID X13475228

    Annual Tax Amount $32,000

    Tax Year 2026

    Property Sub-Type Investment

  • Location

    Province ON

    County Ottawa

    Area Ottawa

    Zoning R4N (N4B in 2026 Plan)

  • Building

    Building Age 0-5

    Lot Description Building

  • Interior

    Cooling Yes

    Inclusions Refrdgerators (8), Stoves (8), Dishwashers (8), Washers (8), Dryers (8), Furnaces (8), Tankless Hot Water (8), AC (8), Microwave/Hood Fan (8), Window Blinds

  • Exterior

    Parking Features None

    Community Features Major Highway, Public Transit

    Utilities Available Yes

  • Others

    Virtual Tour https://14stevensave.ca

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