49 - 55 Adam Street,The Nation, ON K0A3C0
The Nation, ON K0A3C0
Description
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:13843)
Details
| MLS # | X13849754 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 29 |
| Listing Provided By | EXP REALTY | Russel Hunt |
Features
| SQ Feet | 7,200 |
|---|---|
| Zoning | R2 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Dishwasher, Dryer |
| Fireplace Yes / No | No |
Taxes
| Tax Annual Amount | 18988 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | The Nation |
| Postal Code | K0A3C0 |
| Listing VS Median (in K0A3C0) | |
Price: $2,750,000 low | high Med: $574,950 sqft: 7,200 low | high Med: 1,500 $ / sqft: $382 low | high Med: $383 On site: 29 low | high Med: 108.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | The Nation |
| Postal Code | K0A3C0 |
| Listing VS Median (in K0A3C0) | |
Price: $2,750,000 low | high Med: $574,950 sqft: 7,200 low | high Med: 1,500 $ / sqft: $382 low | high Med: $383 On site: 29 low | high Med: 108.5 | |
