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14 Stevens Avenue
homes for sale · Ottawa · Vanier
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$4,390,000

14 Stevens Avenue

Vanier, Ottawa · MLS® X13475228

23

10,000 sq ft · House · Multi-family · 124 days on market

listed by Jim Mattice, LPT REALTY

realtor's description

Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supply-constrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today's investors seek: zero deferred maintenance, modern energy-efficient systems, and a diversified income stream across fifteen bedrooms. Each of the eight self-contained 2-level suites is finished to a trophy standard - engineered oak flooring, quartz kitchen countertops, stainless steel appliances, marble-tiled bathrooms, in-suite laundry, and private balconies in the upper units. Individually metered suites and owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient year-round heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from the Rideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, Montfort Hospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. Laurent Shopping Centre are close at hand. Set on a 4,977 sq ft lot (49.94' x 99.65') and newly-zoned N4B, this is a true core-plus asset built for long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turn over, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a proven Ottawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of a confidentiality agreement. Don't miss this rare chance to acquire a modern, income-generating landmark in Canada's capital.

similar homes nearby

property details

type
House, Multi-family
bathrooms
23
living area
10,000 sq ft
parking
0
property tax
$32,000 / yr
days on market
124
MLS®
X13475228

features

  • Washer
  • Dishwasher
  • Dryer
  • Microwave
  • Hood Fan
  • Blinds

monthly cost

$21,793/mo
Mortgage $19,127 · Tax $2,667

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$19,127/ monthly
loan $3,512,000
25-year amortization
total interest
$2,226,043
cash to close
$878,000
down payment; transfer tax and fees not included
total paid
$5,738,043

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jim Mattice
LPT REALTY
call Jim · 613-581-7469
Powered by: REALTOR.ca
▶ virtual tour

location

Vanier, OttawaGoogle Maps ↗

location

Vanier, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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