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MLS® X13504228
West Centre Town, Ottawa, ON
Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block 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 a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. 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.
Inclusions
All appliances and window coverings. Units 1, 2 and 4 furniture.
Exclusions
Tenant's belongings
Broker
ENGEL & VOLKERS OTTAWA
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Fourplex
10 Sherbrooke Avenue West Centre Town, Ottawa
West Centre Town
Type
Fourplex
Basement
None
Parking
None (3)
Property Tax
~$7,765/yr
Heating
Forced Air
Buying Essentials
Square Feet
1750 sqft
Facing Direction
West
Parking
None (3)
Finances
List Price
$1,199,000
Price per SQFT
$685/sqft
Property Tax
~$7,765/yr
Property Specs
Property Type
Fourplex
MLS Size
1750 sqft
Basement
None
Living & Amenities
Heating Type
Forced Air
Features
None
Policies & Utilities
Neighbourhood
West Centre Town
Listed On
Jun 29, 2026
Days on Market
Current: 131 days
Room information is not available for this listing.
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