Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 26 Mcarthur Avenue
Property Type
House, Other
Parking
None 0 garage, 0 parking
MLS #
X12392560
Size
5000+ sqft
Basement
Finished,Apartment
Listed on
2025-09-09
Lot size
48 x 91.79
Tax
$14,637.40 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
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 lu...xury 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.
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$5,000,000
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.
