1258-1260 Marenger Street, Orleans - Convent Glen and Area

$5,250,000
1258-1260 Marenger Street

$5,250,000

Extension
107d
Investment

1258-1260 Marenger Street, Orleans - Convent Glen and Area

Total Monthly Obligation $24,995

Beds
0
Baths
0
Park
16
DOM
107d
Property Type-Investment
MLS® Number-X13538878
Beds-0
Lot Size-98 × 156.8 ft
Listed on site-Jul 8, 2026
Building Type-Investment
Taxes-$41,316.78 (2026)
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-CDN GLOBAL (OTTAWA) LTD.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-2006 - Convent Glen South
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$4,200,000
Land Transfer Taxes$117,725
Legal Fees (Est.)
$
Total cash required for closing$1,169,225

Total Monthly Obligation

$24,995/mo
Mortgage $21,177
Monthly Loss $19,422
Principal$5,573
Interest$15,604
Property Tax$3,443
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1258-1260 Marenger Street

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