259-257 Bradley Avenue, Ottawa, Ontario

$4,200,000

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0.14

Acres

About 259-257 Bradley Avenue

TURNKEY PRE-CONSTRUCTION 10-UNIT INVESTMENT WITH $600K BUILT-IN EQUITY. Secure a brand-new, purpose-built rental property at 257-259 Bradley Ave before completion and capitalize on immediate upside. Listed at $4,200,000 with a recent "as-complete" appraisal of $4,800,000, this rare offering delivers exceptional day-one value and a strong projected 5.2% cap rate. Bypass years of holding costs, municipal red tape, and construction management; this hands-off asset will be delivered fully constructed and ready to lease. Designed for maximum cash flow and premium tenant attraction, the building features a highly desirable, family-friendly mix of two spacious 4-bedroom units, four 3-bedroom units, four 2-bedroom units, and four parking spots in front of the building. Walk-out suites ideal for short-term rental, potential to add 4 additional units. Located on a 65.92' x 94.66' lot just minutes from downtown Ottawa, the vibrant Beechwood Avenue corridor, rapid transit, and top-tier schools. This is an unmatched opportunity for investors to acquire a premium, high-density asset in a fast-evolving neighbourhood with immediate equity and lucrative foundational returns. (id:6289)

Features of 259-257 Bradley Avenue

Listing # X13561168
Price $4,200,000
Acres 0.14
Type Multi-family
Sub-Type Multi-Family

Community Information

Address 259-257 Bradley Avenue
Area 3402 - Vanier
Subdivision 3402 - Vanier
City Ottawa
Province Ontario
Postal Code K1L7E8

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 0.14326

Additional Information

Zoning R4UA

Listing Details

OfficeENGEL & VOLKERS OTTAWA

Listing Map

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