77 Granton Avenue

ActiveMeadowlands - Crestview and Area · 7301 - Meadowlands/St. Claire Gardens52 days on marketMLS® X13444086
$3,149,000
$467 / sq ft
Bedrooms3
Bathrooms12
Interior6,750 sq ft
Lot Size6,175 sq ft
TypeCommercial
ListingFor Sale
Days on Market52

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13444086
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size6,750 sq ft
Lot Size6,175 sq ft
Beds / Baths3 bed · 12 bath
Neighbourhood7301 - Meadowlands/St. Claire Gardens
CityMeadowlands - Crestview and Area
Postal CodeK2G 1L2
ProvinceON
Listed DateJune 15, 2026
Days on Market52
Price per Sq Ft$467
BrokerageRE/MAX DELTA REALTY TEAM

Location

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Listed by RE/MAX DELTA REALTY TEAM