NewFor Sale

49 - 55 Adam Street
The Nation, Prescott and Russell, ON, K0A 3C0

Investment
TRREB
MLS® Number: X13849754
$2,750,000List Price
InvestmentProperty Type
7,200 sq ftSize
$18,988 / 2026Taxes (Annual)
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Listing History

Buy/sell history for 49 - 55 Adam Street, The Nation, ON K0A 3C0

0 Transactions by CPRB Agents

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Description

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 (1,375 sqft each) and four 2-bedroom units (1,250 sqft each), the property offers a total of 8 well-appointed residential units with modern finishes throughout, including quartz countertops, stainless steel appliances, and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents and large driveways with ample space to accommodate 2 vehicles/unit. 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, large attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations and highly attractive financing.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$18,988 / 2026
Listing #:X13849754
Property Type:Investment
Size:7,200 sq ft
Land Size:152.1 x 166.7
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Investment
Community:605 - The Nation Municipality
Municipality:Prescott and Russell

Building

Size:7,200 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Principale St & Adam St

$2,750,000

List price

49 - 55 Adam Street, The Nation – Investment for sale · MLS® # X13849754 | CPRB