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14 Stevens Avenue

14 Stevens Avenue

Vanier and Kingsview Park, ON

  • 23 bath
  • 10,000 sqft
  • Investment
$4,390,000

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.

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Listing Details

Taxes (2026)
$32,000
Listed
June 22, 2026

Price History

Property

Age
0-5
Lot Size
49.94 x 99.65 Feet

Parking

Garage
None

Utilities

Water
Water System

Location & Legal

Cross Street
N River Road/Stevens Avenue
Zoning
R4N (N4B in 2026 Plan)
Parcel Number
042490100
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Included

Inclusions
Refrdgerators (8), Stoves (8), Dishwashers (8), Washers (8), Dryers (8), Furnaces (8), Tankless Hot Water (8), AC (8), Microwave/Hood Fan (8), Window Blinds
Exclusions
Tenant belongings.
Rental Items
None

Community

Postal area K1K

Population
32,046
Private dwellings
15,235
Median age
42.4
Average household size
2.2
Median household income
$73,500

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 Vanier and Kingsview Park · last 12 months

Median sold price
$536,500
Homes sold
168
Median days on market
32
Sale-to-list price
97.3%

Based on 168 recorded sales of commercial properties in Vanier and Kingsview Park over the last 12 months.

Listed by

LPT REALTY

Walk Score

88

Walk

63

Transit

99

Bike

Scores by Walk Score®

Commercial figures

Building area
10,000 sq ft
Price per sq ft
$439.00
Annual property tax
$32,000
Tax per sq ft
$3.20

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Well-proportioned one- and two-bedroom layouts appeal to a deep tenant pool.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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