49 - 55 Adam Street, The Nation
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 and four 2-bedroom units, the property offers a total of 8 well-appointed residential units with high-end finishes throughout, including quartz countertops and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents. 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, attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations, modern construction, high-end finishes and highly attractive financing. (id:1945)
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Property details for 49 - 55 Adam Street, The Nation
- Type
- Multi-family
- Living Area
- 7,200 square feet
- Lot Size
- 152.1 x 166.7 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $18,988 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 49 - 55 Adam Street
Active Listings
3
Min Price
$499,900
Max Price
$2,750,000
Avg Price
$1,308,267
Days on Market
2
days
Sold Listings
2
Min Sold Price
$689,900
Max Sold Price
$1,269,999
Avg Sold Price
$979,950
Days until Sold
76
days
Neighbourhood Census Data
The Nation / La Nation, Ontario
Population
477
Median Age
48.9
Median Income
$40,896
Dwelling Value
$269,321
Housing Tenure
Owners 68%
Renters 34%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 44.5/km²
Avg Shelter Cost: $1,364/mo
Owners with Mortgage: 70.8%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 53.8%
English only: 5.2%
French only: 17.7%
English and French: 76%
Median Household Income: $79,616
Median Employment Income: $38,272
Price History
Listed
October 1, 2026
by EXP REALTY
Current Price
$2,750,000
Type
Multi-family
For Sale
