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$1,090,000
Ontario,Ottawa
For Sale Active
115 CARRUTHERS AVENUE, Ottawa, Ontario K1Y1N4
  • 2,146 Sqft
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Basic Details
Description

6.76% Cap rate** Inherit CASH FLOW with this Prime 5-Unit Investment Opportunity in Sought-After Hintonburg-Mechanicsville. 700m from the LRT (Tunney’s Pasture station), 300m from the Government Tunney’s Pasture complex! Easy to rent to good tenants, this multi-unit building is operated like a well-oiled machine, with keypads on each door and various renovations in each unit. Ideally located a few city

blocks from Hintonburg’s vibrant shops and restaurants, Tunney’s Pasture, and the LRT, with close proximity to the Ottawa River pathways, Laroche Park, Civic Hospital, and the exciting future development at LeBreton Flats. The building offers a strong unit mix designed for tenant demand, consisting of one spacious 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all fully rented. Four of the five units feature in-suite laundry, and the property has been well maintained with renovated interiors, attracting quality long-term tenants. Additional highlights include R4UD zoning, 2 owned hot water tanks, and rear parking for three vehicles accessed via a city-maintained laneway. A rare opportunity to acquire a high-performing, low-maintenance asset in a proven rental location with excellent transit access and long-term upside. See it before it’s gone! **(cap rate doesn’t incl maintenance and management expense) (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12760372
  • Price: $1,090,000
  • Square Footage: 2,146 Sqft
  • Status: Active
  • Office Name: RE/MAX HALLMARK REALTY GROUP
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 283783
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
Address Map
  • Location: CA, Ontario, Ottawa, K1Y1N4
  • Street: Carruthers
  • Street Number: 115
  • Street Suffix: Avenue
  • Longitude: W76° 16' 14.1''
  • Latitude: N45° 24' 25.8''
Additional Information
  • Water Source:
  • Business Type: Residential
  • Lot Size Dimensions: Bldg=25.08 x 98.12 FT
Financial
  • Tax Annual Amount: 6213
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Listing updated: 2026-03-09 10:24:41
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Listing Information
  • List Agent Key: 1586555
  • List Office Key: 283783
  • Modification Timestamp: 2026-02-06T19:35:38Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-02-06T19:23:55Z
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Listing updated: 2026-03-09 10:24:41
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