14 Stevens Avenue, Ottawa
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 14 Stevens Avenue, Ottawa
- Type
- Multi-family
- Bathrooms
- 23
- Living Area
- 10,000 square feet
- Lot Size
- Bldg=49.94 x 99.65 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $32,000 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 14 Stevens Avenue
Active Listings
1
Min Price
$4,390,000
Max Price
$4,390,000
Avg Price
$4,390,000
Days on Market
102
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Ottawa, Ontario
Population
519
Median Age
44.6
Median Income
$38,187
Dwelling Value
$349,356
Housing Tenure
Owners 48%
Renters 56%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 6,957.1/km²
Avg Shelter Cost: $1,538/mo
Owners with Mortgage: 61.5%
Owners Spending 30%+: 23.1%
Tenants Spending 30%+: 27.6%
English only: 47.6%
French only: 1.9%
English and French: 51.5%
Neither: 1.9%
Median Household Income: $69,291
Median Employment Income: $39,552
Price History
Listed
June 22, 2026
by LPT REALTY
Current Price
$4,390,000
Type
Multi-family
For Sale
