Size
-
Lot size
2982 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$650 - $866
Taxes
$8,063.07 (2024)
Parking Type
-
Style
Bungalow-Raised
See what's nearby
Description
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-unitdwelling 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. Lookingto increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there aremany possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charmingcafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity.
Broker: ROYAL LEPAGE PERFORMANCE REALTY
MLS®#: X12249487
Property details
Parking:
3
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
Bungalow-Raised
MLS Size:
1500-2000 sqft
Lot front:
29 Ft
Lot depth:
102 Ft
Listed on:
Jun 27, 2025
Show all details
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.