259-257 Bradley Avenue, Ottawa, Ontario K1L7E8

Listing courtesy of ENGEL & VOLKERS OTTAWA.

$4,200,000

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List Price
$4,200,000
MLS®
X13561168
Days on Market
13
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
0.14326
Lot Size
6,242
Subdivision
3402 - Vanier

Property 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. (id:5764)

Additional Information

Subdivision
3402 - Vanier
Cooling
Fully air conditioned
Country
Canada
Heating
Forced air, Natural gas
Lot Size
6,242

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