$2,750,000
Available - For Sale
Listing ID: X13849754
49 - 55 Adam Street , The Nation, K0A 3C0, Prescott and Rus
| 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 and four 2-bedroom units, the property offers a total of 8 well-appointed residential units with high-end finishes throughout, including quartz countertops and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents. 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, attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations, modern construction, high-end finishes and highly attractive financing. |
| Price | $2,750,000 |
| Taxes: | $18988.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 49 - 55 Adam Street , The Nation, K0A 3C0, Prescott and Rus |
| Postal Code: | K0A 3C0 |
| Province/State: | Prescott and Rus |
| Legal Description: | LOT 39 & LOT 40, PLAN 50M316 THE NATION |
| Directions/Cross Streets: | Principale St & Adam St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 7200.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 8279 |
| Net Income Before Debt: | $140593 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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At a Glance:
| Type: | Com - Investment |
| Area: | Prescott and Russell |
| Municipality: | The Nation |
| Neighbourhood: | 605 - The Nation Municipality |
| Tax: | $18,988 |
| Fireplace: | N |
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