Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

49 - 55 Adam Street The Nation, Ontario K0A 3C0

7,200 sqft
Fully Air Conditioned Forced Air

$2,750,000

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. (id:67947)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13849754
Property Type Multi-family
Community Name 605 - The Nation Municipality
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Dishwasher, Dryer, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 7,200 Sqft
Type Multi-family

Land

Acreage No
Size Depth 166 Ft ,8 In
Size Frontage 152 Ft ,1 In
Size Irregular 152.1 X 166.7 Ft
Size Total Text 152.1 X 166.7 Ft
Zoning Description R2

https://www.realtor.ca/real-estate/30350652/49-55-adam-street-the-nation-605-the-nation-municipality

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Russel Hunt, Exp Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.