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For Sale

49 – 55 Adam Street, The Nation, ON K0A 3C0

$2,750,000

  • Investment
  • MLS® X13849754

Listing Brokerage: EXP REALTY

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.

Property details

MLS® number
X13849754
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
605 - The Nation Municipality
City
The Nation
Building area
7200 Square Feet
Lot width
152.1 Feet
Lot depth
166.7 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
None
Taxes
$18,988.00
Tax year
2026
Business type
Apts - 6 To 12 Units
Listing brokerage
EXP REALTY

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