For Sale: 10 Sherbrooke Avenue, Ottawa, ON - REW
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$1,199,000
4 bd • 4 ba • 1500 - 1999 sf • Multifamily
10 Sherbrooke Avenue
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$1,199,000
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10 Sherbrooke AvenueOttawa, ON, K1Y 1R7

Hintonburg - Mechanicsville
  • 4 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block 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 a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. 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. (id:63626)
Listed by: Ryan Cole, Salesperson, ENGEL & VOLKERS OTTAWA

Home facts and features

Price details
List Price
$1,199,000
Get Pre-Approved
Gross Taxes for 2025
$7,765
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
102.8 feet
Frontage
29.0 feet
Exterior Finish
Steel, Wood
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Appliances
All, Furniture, Window Coverings
Community
Agent details
Primary Agent
Ryan Cole
Primary Broker
ENGEL & VOLKERS OTTAWA
Listing details
Days on REW
25 Days
MLS® Number
X13504228
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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Property Insights

É Élém C Saint-François-d'Assise
  • Catholic
  • JK - 6
Connaught Public School
  • Public
  • JK - 6
Devonshire Community Public School
  • Public
  • JK - 6
Fisher Park/Summit AS Public School
  • Public
  • 7 - 8
Elmdale Public School
  • Public
  • JK - 6
St Anthony Elementary School
  • Catholic
  • JK - 6
Hilson Avenue Public School
  • Public
  • JK - 6
Cambridge Street Community Public School
  • Public
  • JK - 6
St George Elementary School
  • Catholic
  • JK - 6
Centennial Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Ryan Cole
Phone:
(613) 295-2986
Office:
613-422-8688
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.