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Maria Tompson
Sales Representative
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

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$1,299,000
Available - For Sale
Listing ID: X12249489
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.
Price $1,299,000
Taxes: $8,063.07
Tax Type: Annual
Occupancy by: Tenant
Address: 10 Sherbrooke Avenue , West Centre Town, K1Y 1R7, Ottawa
Postal Code: K1Y 1R7
Province/State: Ottawa
Directions/Cross Streets: Wellington Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Building Percentage: T
Total Area: 0
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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ROYAL LEPAGE PERFORMANCE REALTY

10 Sherbrooke Avenue , West Centre Town, K1Y 1R7, Ottawa

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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Type: Com - Investment
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4203 - Hintonburg
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Lot Size: x 102.84(Feet)
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Tax: $8,063.07
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic sales@bestforagents.com pic 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 pic Office: 416-548-7854 | Toll Free: 1-866-382-2968 | Fax: 416-981-7184 Personal Pic
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