1258-1260 Marenger St - Apartments FOR SALE


Orleans, ON K1C 1S2
$5,250,000 CAD
877-557-1178
1258-1260 Marenger St, Orleans, ON for Sale
$5,250,000 CAD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1258-1260 Marenger St
Orleans, ON K1C 1S2


HIGHLIGHTS

  • Residents are within walking distance of neighbourhood retail, restaurants, services, parks, and recreational amenities
  • The property benefits from 16 on-site parking spaces for residents and visitors.
  • The property offers a highly desirable unit mix of spacious two-bedroom suites featuring contemporary finishes.

OVERVIEW

CDN GLOBAL (OTTAWA) LTD. is pleased to present 1258-1260 Marenger Street, Ottawa, Ontario, a recently constructed 12-unit multi-residential investment property located in the desirable Convent Glen South neighbourhood of Orleans. Completed in 2023, the development consists of two modern three-storey stacked townhouse buildings comprising a total of 12 residential units. The property offers a highly desirable unit mix of spacious two-bedroom suites featuring contemporary finishes, in-suite laundry, central heating and air conditioning, and private rear patios with yard space. Each unit is equipped with a refrigerator, stove, hood fan, dishwasher, washer and dryer, and rental hot water tank. The property benefits from 16 on-site parking spaces for residents and visitors and is strategically positioned within a well-established residential community known for its strong tenant appeal and convenient access to amenities. Located north of St. Joseph Boulevard and west of Jeanne d'Arc Boulevard, the property enjoys excellent connectivity to Highway 174, OC Transpo bus routes, and the Jeanne d'Arc LRT Station, located approximately 950 meters away. Residents are within walking distance of neighbourhood retail, restaurants, services, parks, and recreational amenities, while remaining just minutes from the broader commercial offerings along Innes Road.

FOR SALE DETAILS

PRICE

$5,250,000 CAD

PRICE/SF

$345 CAD /SF

# OF UNITS

12

PRICE/UNIT

$437,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

16

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ben ZunderCDNGLOBALMore Info
877-557-1178

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Ben ZunderCDNGLOBALMore Info
877-557-1178

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.