14 Stevens Avenue
3403 - Vanier Vanier and Kingsview Park K1K 1K5

$4,390,000 /For Sale
Commercial

Main Photo: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 1: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 2: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 3: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 4: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 5: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 6: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 7: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 8: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 9: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
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Photo 22: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
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Photo 26: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
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Photo 36: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Photo 37: 14 Stevens Avenue in Vanier and Kingsview Park: 3403 - Vanier Commercial for sale : MLS®# X13475228
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13475228
Bus Major:
Apts - 6 To 12 Units
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.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
0-5
Total Area:
10000 sq. ft. Square Feet
Total Area:
10,000 sq. ft.
Lot Depth:
99'8"
Lot Frontage:
49'11"
Lot Shape:
Rectangular
Bathrooms:
23.0
Water supply:
Municipal
Zoning:
R4N (N4B in 2026 Plan)
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
0
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$32,000 / 2026
Assessment:
$- / 2025
Ottawa
Vanier and Kingsview Park
3403 - Vanier
Major Highway, Public Transit
No
None
Refrdgerators (8), Stoves (8), Dishwashers (8), Washers (8), Dryers (8), Furnaces (8), Tankless Hot Water (8), AC (8), Microwave/Hood Fan (8), Window Blinds
Tenant belongings.
Water Supply Types:
Water System
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Gross income:
$244,800
Net Income Before Debt:
$179,800
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$0
Insurance Expenses:
$9,500
Management Expenses:
$4,800
Tax Expenses:
$32,000
Operating Expenses:
$60,100
Other Expenses:
$2,500
Water Expenses:
$6,000
Year Expenses:
2026
Maintenace Expenses:
$5,300
Vacancy Allowance:
4900
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Chattels:
Yes
Outside Storage:
No
Date Listed:
Jun 22, 2026
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Listed by LPT REALTY
Data was last updated June 22, 2026 at 10:15 PM (UTC)
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