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Key Facts
Key facts for 10 Sherbrooke Avenue
Property Type
Apartment, Bungalow-Raised
Parking
None 0 garage, 3 parking
MLS #
X12249487
Size
1500-2000 sqft
Basement
Full
Listed on
2025-06-27
Lot size
29 x 102.84
Tax
$8,063.07 /yr
Days on Market
473
Approximate Age
-
Maintenance Fee
-
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 loca...ted 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.
