TURNKEY PRE CONSTRUCTION 10 UNIT INVESTMENT WITH 600K BUILT IN EQUITY.


Property

Website:https://www.nestseekers.com/5634877
Address:
Vanier and Kingsview Park K1L 7E8
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C4,200,000
($2,969,200)
(€2,605,200)
Annual Taxes:C8,115.68

Description

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.

Amenities

  • Available

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario