10 Sherbrooke Ave

For Sale 81 Days
$1,299,000
4 beds
4 baths

10 Sherbrooke Ave

For Sale 81 Days
$1,299,000
4 beds
4 baths

Highlights

Key insights

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. (id:63267)

Ryan Cole of ROYAL LEPAGE PERFORMANCE REALTY,
#X12249487
updated 7 hours ago.
Houseful checked MLS® for data 7 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    1
  • # parking spaces
    3
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    4
Location
  • Subdivision
    4203 - hintonburg
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12249487
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28530016/10-sherbrooke-avenue-ottawa-4203-hintonburg
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,464

/ Month
25 Years fixed, 20% down payment, % interest
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