For saleMLS® X13849754

49 - 55 Adam Street, The Nation, ON K0A 3C0

605 - The Nation Municipality, The Nation · Near Principale St & Adam St · View map

$2,750,000
7200Sq ft
InvestmentType
NoneParking
$18,988/yrTaxes
$2,750,000
FreeholdNo monthly condo fee
Lot 152.1 x 166.7 ftThe land comes with the home

About this home

An exceptional opportunity to acquire a modern, turnkey multifamily investment property consisting of two side-by-side four-unit buildings, constructed in 2022. Featuring a desirable unit mix of four spacious 3-bedroom units (1,375 sqft each) and four 2-bedroom units (1,250 sqft each), the property offers a total of 8 well-appointed residential units with modern finishes throughout, including quartz countertops, stainless steel appliances, and contemporary design. Additional amenities include 4 carports, providing convenient covered parking for residents and large driveways with ample space to accommodate 2 vehicles/unit. Fully occupied and generating rental income from day one, this property offers investors a rare opportunity to acquire a newer, low-maintenance asset with exceptional assumable CMHC financing featuring a 40-year amortization. The existing financing allows for an acquisition with approximately 13% down payment, providing investors with an attractive opportunity to leverage their capital while acquiring a modern multifamily asset. Ideally located just 35 minutes from Ottawa's core, the property combines modern construction, large attractive unit layouts and convenient access to the city. An excellent addition to any multifamily portfolio, offering turnkey operations and highly attractive financing.

The home

Type
Investment
Square footage
7200 sq ft
Lot size
152.1 x 166.7 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$18,988/yr
Tax year
2026
Occupancy
Tenant
Possession
TBD
Cross street
Principale St & Adam St
Neighbourhood
605 - The Nation Municipality

More

MLS® number
X13849754

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Want to know something that isn’t listed?
Estimated monthly cost$12,675per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    49 - 55 Adam Street, The Nation, ON K0A 3C0

    605 - The Nation Municipality, The Nation · Near Principale St & Adam St

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    Sold history

    Listing history for 49 - 55 Adam Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 49 - 55 Adam Street

    Answers come straight from this home’s MLS® listing.

    How much is 49 - 55 Adam Street listed for, and what would it cost each month?

    49 - 55 Adam Street is listed for $2,750,000. With 20% down ($550,000), the mortgage payment would be roughly $11,093 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,675 a month, all in. That figure is an illustration, not a quote.

    Is 49 - 55 Adam Street freehold or a condo, and is there a monthly fee?

    49 - 55 Adam Street is a investment in 605 - The Nation Municipality, The Nation. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 49 - 55 Adam Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 49 - 55 Adam Street?

    49 - 55 Adam Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 49 - 55 Adam Street, and what is the lot size?

    The lot is listed as 152.1 x 166.7 ft.

    How is 49 - 55 Adam Street heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 49 - 55 Adam Street?

    Property taxes are $18,988 a year (2026), or about $1,582 a month.

    Where is 49 - 55 Adam Street?

    49 - 55 Adam Street is in the 605 - The Nation Municipality community of The Nation. The nearest main intersection is Principale St & Adam St. The postal code is K0A 3C0.

    Is 49 - 55 Adam Street still for sale?

    Yes. It is an active listing (MLS® X13849754). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 49 - 55 Adam Street asking?

    Similar properties for sale nearby right now include PT LT 30 CON 3, Limoges Rd Road at $3,175,000, 681 Montée Lebrun Side Road at $2,799,900 (3+2 bed) and 1749 Albert Leroux Road at $1,940,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 49 - 55 Adam Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 49 - 55 Adam Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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