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$1,399,000
Ontario,Ottawa
For Sale Active
10 SHERBROOKE AVENUE, Ottawa, Ontario K1Y1R7
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12151946
  • Price: $1,399,000
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 49864
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Ottawa, K1Y1R7
  • Street: Sherbrooke
  • Street Number: 10
  • Street Suffix: Avenue
  • Longitude: W76° 16' 27.6''
  • Latitude: N45° 24' 8.4''
Additional Information
  • Water Source:
  • Lot Size Dimensions: Bldg=29 x 102.84 FT
Financial
  • Tax Annual Amount: 8063.07
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Listing updated: 2026-04-27 16:17:00
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Listing Information
  • List Agent Key: 1739045
  • List Office Key: 49864
  • Modification Timestamp: 2025-06-26T16:00:02Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2025-06-26T15:53:51Z
Powered by REALTOR.ca
Listing updated: 2026-04-27 16:17:01
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