10 Sherbrooke Avenue

West Centre Town, 4203 - Hintonburg

ਵਰਣਨ

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-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. Contact us today to schedule a viewing!

This fourplex home located at 10 Sherbrooke Avenue, WestCentreTown, ON K1Y 1R7 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. The property is N/A years old. 10 Sherbrooke Avenue, WestCentreTown, ON K1Y 1R7 is in West Centre Town neighborhood 4203 - Hintonburg.