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CAONVanier3403 - Vanier26 Mcarthur Ave
26 Mcarthur Ave, House other with 16 bedrooms, 12 bathrooms and null parking in Vanier ON | Image 1
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$5,000,000

26 Mcarthur Ave, Vanier, ON

House

For Sale

$--,---,---
16120
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $14,637
Days Active 6
Lot Size 
Approx. Age 
MLS® Number X12392560

Property Address: 

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.Show Description
MLS® NumberX12392560
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished, Apartment
DrivewayGarage Type:None
Garage Spaces
HeatGas, Water
A/CWall Unit(s)
Heating Fuel

Extras

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