FOR SALE
$3,385,000
159 Colonnade, Ottawa, ON, K2E 7J4
10901
About the Property
Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supplyconstrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today'sinvestors 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 suitesand owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient yearround heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool.
Located steps from theRideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, MontfortHospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. LaurentShopping Centre are close at hand.
Features
Property Details
MLS#:
X14118826
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Gas Forced Air Closed
Bathrooms:
23
Heating Type:
Gas Forced Air Closed
Parking:
Cross Street:
N River Road/Stevens Avenue
Basement:
About the Property
Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supplyconstrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today'sinvestors 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 suitesand owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient yearround heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool.
Located steps from theRideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, MontfortHospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. LaurentShopping Centre are close at hand.
Features
Property Details
MLS#:
X14118826
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Gas Forced Air Closed
Bathrooms:
23
Heating Type:
Gas Forced Air Closed
Parking:
Cross Street:
N River Road/Stevens Avenue
Basement:
Maintenance:
Exterior:
Possession Date:
Presented By:
LPT REALTY
Maintenance:
Exterior:
Possession Date:
Presented By:
LPT REALTY