10 Sherbrooke Avenue Ottawa, Ontario K1Y 1R7
$1,399,000
Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredibleopportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinderblock four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters.This turn key investment property has over 5% cap rate and is fully rented with ideal tenants and grosses an annual income of $93,600. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. Contact us today to schedule a viewing! (id:35885)
Property Details
| MLS® Number | X12151964 |
| Property Type | Multi-family |
| Community Name | 4203 - Hintonburg |
| Parking Space Total | 3 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | All, Furniture, Window Coverings |
| Architectural Style | Raised Bungalow |
| Basement Type | Full |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Steel, Wood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Covered |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 102 Ft ,9 In |
| Size Frontage | 29 Ft |
| Size Irregular | 29 X 102.8 Ft |
| Size Total Text | 29 X 102.8 Ft |
https://www.realtor.ca/real-estate/28320130/10-sherbrooke-avenue-ottawa-4203-hintonburg
Contact Us
Contact us for more information
613-852-9600
New Listings Alert by email daily.
NEWSLETTER – MARKET INFO
FaceBook..Real Estate News
OTTAWA REAL ESTATE
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 15 2025 08:33:50
Ottawa Real Estate Board
Royal LePage Performance Realty