For Sale - 77 Granton Avenue, Meadowlands - Crestview and Area, Ontario

Est payment $15,121/mo
Views   4
Time on Jump  15 day
  • Newly built 6-unit apartment building in a prime Ottawa location.
  • Each large unit features 3 bedrooms and 2 full bathrooms.
  • Strong annual gross income with tenants covering their own utilities.
  • Includes four on-site parking spaces and excellent natural light.
  • Modern finishes and systems promise minimal maintenance for years.



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 IDX13444086
Address77 Granton Avenue
CityMeadowlands - Crestview and Area, Ontari…
Price$3,149,000
Bed / Bath3 / 12 Full
StyleInvestment
Land Size6175
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public TransitHeating / Cooling Gas Forced Air OpenHeating Fuel Gas
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Listing Agency:  RE/MAX DELTA REALTY TEAM

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77 Granton Avenue
Meadowlands - Crestview and Area , Ontario
3 12 $3,149,000
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