14 Stevens Avenue Vanier and Kingsview Park ON

📍 Vanier and Kingsview Park, Ontario K1K 1K5

$4,390,000

Active
23BATHS
49.94×99.65LOT (FT)
0-5AGE

📋 Listing Highlights

StatusActive
MLS®X13475228
ListedJun 22, 2026
Days on Market
Property TypeCommercial
StyleInvestment
Cross StreetN River Road/Stevens Avenue
PossessionFlexible
Virtual TourView Tour →

📝 Listing Description

Exceptional opportunity to own a brand-new, purpose-built 8-unit multi-residential building in one of Ottawa's most connected, supply-constrained rental corridors. Completed in 2025 and offered fully turn-key, 14 Stevens Avenue delivers the rare combination today's investors 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 suites and owned tankless hot water keep operating costs low and turnover simple, while ductless heat-pump systems provide efficient year-round heating and cooling. Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool. Located steps from the Rideau River, Riverain Park and Loblaws, and minutes to the University of Ottawa, St. Paul University, downtown offices, Montfort Hospital, the Rideau Centre and Parliament, the setting underpins low vacancy and steady rent growth. Transit and the St. Laurent Shopping Centre are close at hand. Set on a 4,977 sq ft lot (49.94' x 99.65') and newly-zoned N4B, this is a true core-plus asset built for long-term performance and appreciation. With strong projected net operating income and clear built-in rental upside as suites turn over, it is ideally suited to private investors and portfolio buyers seeking a low-maintenance, new-construction building in a proven Ottawa neighbourhood. A full financial package, rent roll and private tour are available to qualified parties upon execution of a confidentiality agreement. Don't miss this rare chance to acquire a modern, income-generating landmark in Canada's capital.

🏠 Property Details

Property TypeCommercial
StyleInvestment
Bathrooms23
Approx. Age0-5

📐 Lot & Land

Lot Width49.94 ft
Lot Depth99.65 ft
Lot Size4977 sqft
Cross StreetN River Road/Stevens Avenue

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GarageNone

💰 Financial

List Price$4,390,000
Annual Taxes$32,000 (2026)
PossessionFlexible

🧮 Mortgage Calculator

$878,000
Est. Monthly Payment
$21,567/mo
Principal: $3,512,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by LPT REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13475228 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.