$2,150,000
FOR SALE

Investment

Lot: 38.1 x 43.6 m
2026 Taxes: $9,311

11 & 13 Acacia Ave #11-1, 2, 3;
New Edinburgh - Lindenlea, ON K1M 0P3 | 3302 - Lindenlea | Ottawa

Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity.
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Listed By DIGI Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13008696
Last Updated Apr 22, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 6 To 12 Units
PIN 042250297
Legal Description PCL 82-1, SEC 4M-43 ; LT 82, PL 4M-43 SUBJECT TO AN EASEMENT OVER PARTS 2, 4, 5 & 8 4R35335 AS IN OC2796850 CITY OF OTTAWA
Possession Date TDB
Taxes (2026) $9,311
Directions/Cross Streets Beechwood and Acacia
Neighbourhood 3302 - Lindenlea
Area Ottawa
Price History

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Detailed Information
Freestanding Y
Lot 38.1 x 43.6 m
Air Conditioning No
Garage Type None
Heat Type Baseboard
Seller Property Info Statement Y

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