77 Granton Avenue
Meadowlands - Crestview and Area, ON
- 3 bed
- 12 bath
- 6,750 sqft
- Investment
- 82 days on market
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.
Listing Details
- Taxes (2026)
- $15,508
- Listed
- June 15, 2026
Price History
Property
- Age
- 0-5
- Lot Size
- 65 x 95 Feet
Parking
- Garage
- None
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- HW 417 south off Woodroffe, left into Baseline, right into Bassano, property on right-hand
- Zoning
- N3C[632]
- Parcel Number
- 046880026
- Possession
- 90+ days
- Occupancy
- Owner
Community
Postal area K2G
- Population
- 50,692
- Private dwellings
- 18,451
- Median age
- 40
- Average household size
- 2.8
- Median household income
- $114,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Meadowlands - Crestview and Area · last 12 months
- Median sold price
- $727,500
- Homes sold
- 83
- Median days on market
- 19
- Sale-to-list price
- 98.2%
Based on 83 recorded sales of commercial properties in Meadowlands - Crestview and Area over the last 12 months.
Listed by
RE/MAX DELTA REALTY TEAM
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 6,750 sq ft
- Price per sq ft
- $466.52
- Annual property tax
- $15,508
- Tax per sq ft
- $2.30
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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