Mirna Botros

613-600-2626

11 Sherbrooke Avenue - $1,449,900

11 Sherbrooke Avenue

$1,449,900

4203 - Hintonburg

Ottawa, OntarioK1Y1R8

4 beds

2 baths

4 parking

MLS#: X13059760Listed: about 2 hours agoUpdated:about 2 hours ago

Description

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street West and surrounded by some of Ottawa's best restaurants, shops, and amenities. This is an ideal opportunity for investors seeking strong rental income in a high-demand area.The property features two self-contained 2-bedroom units, each with separate hydro meters and in-unit laundry. Both units are currently rented on a month-to-month basis, offering flexibility for investors or owner-occupiers. Recent upgrades (2022) include renovated bathrooms, an updated kitchen in the upper unit, and electric baseboard heating throughout. Current rents are $2,100/month for the main floor unit and $1,900/month for the upper unit, with potential for future increases in line with market rates. Situated on a generous 66 x 86.96 ft lot, the property also offers long-term upside for redevelopment in an R4 / N4B H(11) zoned area, making it an excellent hold-and-grow investment. A rare chance to own a solid income property with future potential in one of Ottawa's most desirable urban neighbourhoods. (id:58075)

Details

Details for 11 Sherbrooke Avenue, Ottawa, Ontario

Property Type: Multi Family
Building Type: Duplex
Storeys: 2
Neighborhood: 4203 - Hintonburg
Land Size: 66 x 87 FT
Year Built: -
Annual Property Taxes: $7,878
Parking Type: No Garage

Inside

Appliances: Dryer, Two stoves, Two Washers, Two Refrigerators
Rooms: -
Bedrooms: 4
Bathrooms: 2
Fireplace: -
Fireplace Total: -
Basement: Unfinished, N/A

Building

Architecture Style: -
Direction: Cross Streets: Sherbrooke and Wellington. ** Directions: From Wellington head South on Sherbrooke and property is on your left.
Type of Dwelling: duplex
Roof: -
Exterior: Brick
Foundation: Stone
Flooring: -