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CAONOttawaOttawa West10 Sherbrooke Ave
10 Sherbrooke Ave, Home with 4 bedrooms, 4 bathrooms and 3 parking in Ottawa ON | Image 1
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$1,299,000

10 Sherbrooke Ave, Ottawa, ON

Real Estate

For Sale

$--,---,---
443
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $8,063
Days Active 8
Lot Size 
Approx. Age 
MLS® Number X12249487

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 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.Show Description
MLS® NumberX12249487
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air
Heating Fuel

Extras

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