New Listing
49 - 55 Adam Street,The Nation, ON K0A 3C0
The Nation, ON K0A 3C0
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 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.
Details
| MLS # | X13849754 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 3 |
| Listing Provided By | EXP REALTY | X13849754 488706 |
Features
| SQ Feet | 7,200 |
|---|---|
| Acreage | 0.17 |
Interior
| Cooling | Yes |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 18988 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LOT 39 & LOT 40, PLAN 50M316 THE NATION MUNICIPALITY |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Prescott and Russell |
| City | The Nation |
| Postal Code | K0A 3C0 |
| Area | 605 The Nation Municipality |
| Listing VS Median (in K0A 3C0) | |
Price: $2,750,000 low | high Med: $2,750,000 sqft: 7,200 low | high Med: 7,200 $ / sqft: $382 low | high Med: $382 On site: 3 low | high Med: 3 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Prescott and Russell |
| City | The Nation |
| Postal Code | K0A 3C0 |
| Area | 605 The Nation Municipality |
| Listing VS Median (in K0A 3C0) | |
Price: $2,750,000 low | high Med: $2,750,000 sqft: 7,200 low | high Med: 7,200 $ / sqft: $382 low | high Med: $382 On site: 3 low | high Med: 3 | |
