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$5,000,000
Ontario,Ottawa
For Sale Active
26 MCARTHUR AVENUE, Carleton Place, Ontario K1L6R2
  • 16
  • 12
  • 100,000 Sqft
Contact Seller
1-877-888-3131
Basic Details
Description

Brand-new 12-unit apartment building located in Ottawa, offering strong income potential with an estimated annual rent roll of $300,600. The property consists of eight one-bedroom and four two-bedroom apartments, each equipped with five appliances and individual storage lockers. The units feature luxury vinyl tile flooring in the living areas, kitchens, and bedrooms, complemented by ceramic tile in the bathrooms. Modern

design and quality finishes are consistent throughout the building. Please note that there is no on-site parking.As a newly constructed building, this is a turnkey, low-maintenance investment ideally situated in a high-demand rental market. Based on current projected revenue and normalized expenses, the cap rate is estimated at 4.21%. Asking rents are set at $2,400 for the two-bedroom units, $1,950 for the one-bedroom units, and $1,800 for a basement one-bedroom unit. This represents a rare opportunity to acquire a newly built, income-generating property with strong rental demand and solid long-term upside in Ottawas competitive multi-residential market. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12392560
  • Price: $5,000,000
  • Bedrooms: 16
  • Bathrooms: 12
  • Square Footage: 100,000 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 278197
Features & Appliances
Features
  • Heating System: Natural gas, Hot water radiator heat
  • Cooling System: Air exchanger, Wall unit, Ventilation system
  • Basement: Finished, N/A, Apartment in basement
  • Parking: No Garage
  • Exterior Features: Stone
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1L6R2
  • Street: Mcarthur
  • Street Number: 26
  • Street Suffix: Avenue
  • Longitude: W77° 51' 12.4''
  • Latitude: N45° 8' 25.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 47.8 x 91.8 FT
Financial
  • Tax Annual Amount: 14637.4
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Listing updated: 2025-09-12 17:11:04
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Listing Information
  • List Agent Key: 2126677
  • List Office Key: 278197
  • Modification Timestamp: 2025-09-10T15:41:01Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-09-10T15:28:32Z
Powered by REALTOR.ca
Listing updated: 2025-09-12 17:11:06

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More