77 Granton Avenue, Meadowlands - Crestview and Area, ON K2G 1L2
$3,149,000
77 Granton Avenue, Meadowlands - Crestview and Area, ON K2G 1L2, Meadowlands - Crestview and Area, ON
Bed 3
Bath 12
6750.0 sqft
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.
Property Highlights
For Sale
MLS NO.
X13444086
Type
Commercial
Sub Type
Investment
Bedrooms
3
Bathrooms
12
Square Footage
6750.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13444086
Total Bedrooms
3
Total Bathrooms
12
Total Kitchens
1
Lot Width
65.0
Lot Size
6175.0
Garage Type
None
Cooling
Yes
Heat Source
Gas
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
77 Granton Avenue, Meadowlands - Crestview and Area, ON K2G 1L2
City
Meadowlands - Crestview and Area
Neighbourhood
7301 - Meadowlands/St. Claire Gardens
County / Region
Ottawa
Province / State
ON
Postal Code
K2G 1L2
Cross Street
HW 417 south off Woodroffe, left into Baseline, right into Bassano, property on right-hand
Directions
HW 417 south off Woodroffe, left into Baseline, right into Bassano, property on right-hand
Country
CA
List Price
$3,149,000
Annual Taxes
$15,508
Tax Year
2026
Possession Type
90+ days
Possession Details
After September 1st
Listing Office
RE/MAX DELTA REALTY TEAM
Board
Ottawa Real Estate Board
Original Entry
2026-06-15T13:14:00Z
Media Updated
2026-06-15T13:14:01Z
Photos Updated
2026-06-15T13:14:01Z
Last Modified
2026-06-19T12:49:15Z
System Modified
2026-06-19T12:49:15.437437Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Gas Forced Air Open
Hstapplication
Not Subject to HST
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
046880026
Public Remarks
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.
