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$4,200,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 3402 - Vanier
MLS Listing ID X13561168
Annual Tax Amount $8,115
Tax Year 2026
Property Sub-Type Investment
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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning R4UA
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Available
Building
Lot Description Lot
Others
Virtual Tour https://youtu.be/el7SL0Sxioo
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Lited by ENGEL & VOLKERS OTTAWA

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