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

West Centre Town, ON, K1Y 1R7 · 4203 - Hintonburg

4 Beds
4 Baths
Sq Ft
3 Parking
Fourplex Type
X13504228 MLS#

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

Listing courtesy of ENGEL & VOLKERS OTTAWA
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