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$ 2,750,000
Est. payment /mo
New
49 - 55 Adam ST The Nation, ON K0A 3C0
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $381
Subdivision 605 - The Nation Municipality
MLS Listing ID X13849754
Annual Tax Amount $18,988
Tax Year 2026
Property Sub-Type Investment
Property Description
An exceptional opportunity to acquire a modern, turnkey multifamily investment property consisting of two side-by-side four-unit buildings, constructed in 2022. Featuring a desirable unit mix of four spacious 3-bedroom units (1,375 sqft each) and four 2-bedroom units (1,250 sqft each), the property offers a total of 8 well-appointed residential units with modern finishes throughout, including quartz countertops, stainless steel appliances, and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents and large driveways with ample space to accommodate 2 vehicles/unit. Fully occupied and generating rental income from day one, this property offers investors a rare opportunity to acquire a newer, low-maintenance asset with exceptional assumable CMHC financing featuring a 40-year amortization. The existing financing allows for an acquisition with approximately 13% down payment, providing investors with an attractive opportunity to leverage their capital while acquiring a modern multifamily asset. Ideally located just 35 minutes from Ottawa's core, the property combines modern construction, large attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations and highly attractive financing.
Location
Province ON
County Prescott And Russell
Area Prescott And Russell
Zoning R2
Interior
Cooling Yes
Inclusions 8 Fridges, 8 Stoves, 8 dishwashers, 8 washers, 8 dryers
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY
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