Multifamily in K1B available for sale
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Apartment Building for Sale near K1B

K1B Apartment Building for Sale

More details for 1549 Maxime St, Gloucester, ON - Multifamily for Sale

1549 Maxime St

Gloucester, ON K1B 3K9

  • Multifamily for Sale
  • $2,495,000 CAD
  • 4,504 SF
  • Security System
  • 24 Hour Access
  • Controlled Access

Gloucester Multifamily for Sale - East Central

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9,800 in monthly rental income (~$118,000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside.

Contact:

REAL BROKER ONTARIO LTD

Property Subtype:

Apartment

Date on Market:

2025-09-21

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Apartment Buildings for Sale Within 5 kilometers of K1B

Apartment Buildings for Sale in K1B

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How many apartment buildings are available for sale in K1B?
There are currently 1 apartment buildings available for sale in K1B, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in K1B?
The average size of apartment buildings available for sale in Ottawa is about 4,504 SF. The largest apartment buildings available to buy is 4,504 SF and the smallest is 4,504 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in K1B?
The average market cap rate for apartment buildings for sale is about 4.73% based on data provided in K1B. Learn more about how cap rates are calculated.