For Sale Multi-Family

14 Stevens Avenue

$4,390,000
Ottawa, Ontario K1K 1K5 MLS® X13475228
23 Bathrooms
10,000 sqft Interior
Bldg=49.94 X 99.65 Ft Lot size
Fully Air Conditioned Forced Air

About this home

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. (id:28469)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X13475228
Property Type
Multi-family
Community Name
3403 - Vanier
Amenities Near By
Highway, Public Transit

Building

Bathroom Total
23
Age
0 To 5 Years
Appliances
Blinds, Dishwasher, Dryer, Hood Fan, Microwave, Washer
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
10000 Sqft
Size Interior
10,000 Sqft
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Highway, Public Transit
Size Depth
99 Ft ,7 In
Size Frontage
49 Ft ,11 In
Size Irregular
Bldg=49.94 X 99.65 Ft
Size Total Text
Bldg=49.94 X 99.65 Ft
Zoning Description
R4n (n4b In 2026 Plan)

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

14 Stevens Avenue, Ottawa, Ontario K1K 1K5  ·  Get directions