Fully Air Conditioned
Forced Air
$4,200,000
TURNKEY PRE-CONSTRUCTION 10-UNIT INVESTMENT WITH $600K BUILT-IN EQUITY. Secure a brand-new, purpose-built rental property at 257-259 Bradley Ave before completion and capitalize on immediate upside. Listed at $4,200,000 with a recent "as-complete" appraisal of $4,800,000, this rare offering delivers exceptional day-one value and a strong projected 5.2% cap rate. Bypass years of holding costs, municipal red tape, and construction management; this hands-off asset will be delivered fully constructed and ready to lease. Designed for maximum cash flow and premium tenant attraction, the building features a highly desirable, family-friendly mix of two spacious 4-bedroom units, four 3-bedroom units, four 2-bedroom units, and four parking spots in front of the building. Walk-out suites ideal for short-term rental, potential to add 4 additional units. Located on a 65.92' x 94.66' lot just minutes from downtown Ottawa, the vibrant Beechwood Avenue corridor, rapid transit, and top-tier schools. This is an unmatched opportunity for investors to acquire a premium, high-density asset in a fast-evolving neighbourhood with immediate equity and lucrative foundational returns. (id:63476)
Property Details
|
MLS® Number |
X13561168 |
|
Property Type |
Multi-family |
|
Community Name |
3402 - Vanier |
Building
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Type |
Multi-family |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
94 Ft ,6 In |
|
Size Frontage |
65 Ft ,11 In |
|
Size Irregular |
0.14326 |
|
Size Total |
0.1433 Ac |
|
Size Total Text |
0.1433 Ac |
|
Zoning Description |
R4ua |