10 Sherbrooke Avenue, West Centre Town, ON K1Y 1R7
West Centre Town, ON, K1Y 1R7 · 4203 - Hintonburg
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 Storey/Apt
- Construction: Metal/Steel Siding, Wood
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 1 Storey/Apt |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Basement | None |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $7,765 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 1 Storey/Apt
- Construction Materials
- Metal/Steel Siding, Wood
- Foundation Details
- Block
- Roof
- Asphalt Shingle
- Basement
- None
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 102.84
- Lot Width
- 29.00
Financial & Tax
- Tax Annual Amount
- $7,765
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Rooms Below Grade
- 8
- Kitchens Above Grade
- 2
- Kitchens Total
- 4
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Ottawa
- Cross Street
- Wellington St
- Directions
- Wellington Street to Sherbrooke Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
10 Sherbrooke Avenue, West Centre Town, ON K1Y 1R7, West Centre Town, ON, K1Y 1R7