44
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$3,149,000
Est. payment /mo
3 Beds
12 Baths
New
77 Granton AVE Meadowlands - Crestview And Area, ON K2G 1L2
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 7301 - Meadowlands/St. Claire Gardens
MLS Listing ID X13444086
Bedrooms 3
Annual Tax Amount $15,508
Tax Year 2026
Property Sub-Type Investment
Property Description
Purpose-built 6-unit apartment building completed in July 2025 and offering a rare opportunity to acquire a true Class A multifamily asset in a prime Ottawa location. The building consists of six large apartments, all featuring 3 bedrooms and 2 full bathrooms-a highly desirable unit mix that consistently attracts quality long-term tenants. Suite sizes range from approximately 1,083 SF to 1,161 SF, significantly larger than many competing rental properties. Current gross income is $198,600 annually with tenants responsible for their own hydro and the majority of utility costs. Four on-site parking spaces are included. Positioned on a favourable corner lot with excellent natural light and no direct side neighbours, the property offers strong curb appeal and tenant appeal. Modern construction, contemporary finishes, efficient mechanical systems, and low-maintenance building components provide investors with minimal anticipated capital expenditures for years to come. Compared to many recently sold apartment buildings in Ottawa, 77 Granton benefits from substantially newer construction, larger suite sizes, an all 3-bedroom unit mix, and virtually no deferred maintenance. Investors can avoid the uncertainty and capital costs commonly associated with older multifamily assets while benefiting from strong rental demand in a mature and established neighbourhood. An additional advantage is favourable assumable CMHC financing, creating a potentially significant benefit for qualified purchasers. A turnkey, institutional-quality investment offering strong income, exceptional building quality, and long-term ownership stability.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Kitchen 1
Interior
Cooling Yes
Heat Source Gas
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 65.0
Lot Depth 95.0
Building
Building Age 0-5
Others
ParcelsYN No
Listed by RE/MAX DELTA REALTY TEAM