259-257 Bradley Avenue, Ottawa, Ontario K1L 7E8

Listed for:
$4,200,000
0 beds
0 baths
Listed 56 days ago
Multi-Family for rent: 259-257 Bradley Avenue, Ottawa, Ontario K1L 7E8

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About

Cross Streets: Montreal Rd & Bradley Ave. ** Directions: From Montreal Rd, turn onto Bradley Ave. 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. (id:27476)

Property Highlights

MLS® Number
X13561168
Type
Multi-family
Community Name
3402 - Vanier
Land Size
0.1433 ac

Building

Building Type
Multi-Family
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
ENGEL & VOLKERS OTTAWA
MLS® number:
X13561168
Agent:
Arian Marius
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