$1,299,000
Available - For Sale
Listing ID: X12249487
10 Sherbrooke Aven , West Centre Town, K1Y 1R7, Ottawa
| 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. |
| Price | $1,299,000 |
| Taxes: | $8063.07 |
| Occupancy: | Tenant |
| Address: | 10 Sherbrooke Aven , West Centre Town, K1Y 1R7, Ottawa |
| Directions/Cross Streets: | Wellington Street |
| Rooms: | 8 |
| Rooms +: | 8 |
| Bedrooms: | 2 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | Bungalow-Raised |
| Exterior: | Metal/Steel Sidi, Wood |
| Garage Type: | None |
| (Parking/)Drive: | Covered |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Covered |
| Park #2 | |
| Parking Type: | Covered |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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Years
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financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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|
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Ottawa |
| Municipality: | West Centre Town |
| Neighbourhood: | 4203 - Hintonburg |
| Style: | Bungalow-Raised |
| Tax: | $8,063.07 |
| Beds: | 2+2 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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