18 days on Market

10 Sherbrooke Ave, Ottawa, Ontario K1Y 1R7

Townhouse
2 + 2
4
~1500-2000 sqft
$1,399,000
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Townhouse
2 + 2
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$816/sqft

Est. Mortgage$6,008/mo

Tax Amount (2024)$8,063/yr

Days On Market18 days


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 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!


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size2,982 SqFt(102.84 x 29)
Parking Spaces3
MLS ®NumberX12151964
Community NameHintonburg
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full

Features

Lot size: 2,982 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

May 15, 2025
ListedActive
$1,399,000
18 days on market
history photo preview27
Listing by trreb®
Property listed by ROYAL LEPAGE PERFORMANCE REALTY, Brokerage
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Market Data - Hintonburg

Geo Zone Map ThumbnailHintonburg

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

7 days

2023

5 days

New Listings

Past 30 days

4 listings

Compared to

2024

1 listing

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

3 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$827,500

2023

$650,000


Population and Demographics

Overview

Total population 7025
Average household income $155,345

Age (%)

20 to 34
30%
35 to 49
23%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
43%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
77%
French
10%
Others
3%
English and French
2%
Spanish
1%
Mandarin
1%
Arabic
1%
Italian
1%

House tenancy (%)

Renters
62%
Owners
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget