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Saturday, August 8th, 2026

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$4,390,000
Available - For Sale
Listing ID: X13475228
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.
Price $4,390,000
Taxes: $32,000
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 14 Stevens Avenue , Vanier and Kingsview Park, K1K 1K5, Ottawa
Postal Code: K1K 1K5
Province/State: Ottawa
Legal Description: LT 19, PL 399 ; VANIER/GLOUCESTER
Directions/Cross Streets: N River Road/Stevens Avenue
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 10,000
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 0-5
Chattels: T
 Management Expense: 4800
Maintenance: 0
Water Expense: $6000
Vacancy Allowance: 4900
Net Income Before Debt: $179800
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Water: Water Sys
Water Supply Types: Water System
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
LPT REALTY

14 Stevens Avenue , Vanier and Kingsview Park, K1K 1K5, Ottawa

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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Type: Com - Investment
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3403 - Vanier
Style:
Lot Size: x 99.65(Feet)
Approximate Age: 0-5
Tax: $32,000
Maintenance Fee: $0
Beds: 0
Baths: 23
Garage: 0
Fireplace: N
Air Conditioning:
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com