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CAONOttawa10 Sherbrooke Avenue
10 Sherbrooke Avenue, Home with 0 bedrooms, 0 bathrooms and null parking in Ottawa ON | Image 1
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$1,399,000
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10 Sherbrooke Avenue, Ottawa, ON

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $8,063
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12151946

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 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:58753)Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® NumberX12151946
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
HeatForced air, Natural gas
A/CFully air conditioned
Heating Fuel

Extras

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