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1258-1260 Marenger St 12 Unit Apartment Building $3,706,292 USD ($308,858 USD/Unit) Orleans, ON K1C 1S2



Investment Highlights
- Residents are within walking distance of neighbourhood retail, restaurants, services, parks, and recreational amenities
- The property offers a highly desirable unit mix of spacious two-bedroom suites featuring contemporary finishes.
- The property benefits from 16 on-site parking spaces for residents and visitors.
Executive Summary
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.
Property Facts
| Price | $3,706,292 USD | Building Class | B |
| Price Per Unit | $308,858 USD | Building Size | 15,236 SF |
| Sale Type | Investment | No. Stories | 4 |
| No. Units | 12 | Year Built | 2023 |
| Property Type | Multifamily | Parking Ratio | 1.05/1,000 SF |
| Property Subtype | Apartment |
| Price | $3,706,292 USD |
| Price Per Unit | $308,858 USD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 15,236 SF |
| No. Stories | 4 |
| Year Built | 2023 |
| Parking Ratio | 1.05/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Patio
- Porch
Site Amenities
- Controlled Access
- Picnic Area
- Security System
- Bicycle Storage
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
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1258-1260 Marenger St
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