Mirna Botros
613-600-2626124 126 Irving Avenue - $1,779,900
124 126 Irving Avenue - $1,779,900
124 126 Irving Avenue
$1,779,900
4203 - Hintonburg
Ottawa, OntarioK1Y1Z4
10 beds
6 baths
5 parking
MLS#: X13838414Listed: about 2 hours agoUpdated:about 1 hour ago
Description
Offered for the first time in nearly 50 years, this impressive three-storey, red-brick six-unit building presents a rare investment opportunity in the heart of Hintonburg. Lovingly maintained and thoughtfully updated, the property combines classic character, and significant improvements to major building systems. Unit features include hardwood floors, high ceilings, fireplaces, generous sized principal rooms, enclosed sunrooms, large west-facing rear patios providing valuable outdoor living space, and absolutely fantastic tenants. Extensive updates over the years include a complete electrical upgrade (2014-2022), all modern plumbing including stacks (mostly 2022), windows (mostly 2019+), architectural style roofing (2017-2019) and heating systems (2022), offering an excellent foundation for continued ownership. Ideally positioned just steps from Hintonburg's shops, restaurants, cafés and transit, the property benefits from an exceptional central location and strong tenant appeal. Gross income of $120,240, and expenses of $26,923, gives 124-126 Irving Avenue a strong CAP rate of 5.24% with room to increase. This is a rare opportunity to acquire a substantial multi-residential property in one of Ottawa's most desirable urban neighbourhoods. 2026 Fire Code Compliance Certificate will be made available to the buyer on or before closing. (id:58075)Details
Details for 124 126 Irving Avenue, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Other
- Storeys
- 3
- Neighborhood
- 4203 - Hintonburg
- Land Size
- 50 x 114.4 FT
- Year Built
- -
- Annual Property Taxes
- $12,779
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Rooms
- -
- Bedrooms
- 10
- Bathrooms
- 6
- Fireplace
- -
- Fireplace Total
- 2
- Basement
- Unfinished, Full
Building
- Architecture Style
- -
- Direction
- Cross Streets: Irving and Gladstone. ** Directions: From Wellington Street West, head south.
- Type of Dwelling
- other
- Roof
- -
- Exterior
- Brick
- Foundation
- Stone
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 50 x 114.4 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- No Garage
- Total Parking
- 5
Utilities
- Cooling
- None
- Heating
- Radiant heat, Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 124 126 Irving Avenue, Ottawa, OntarioMap
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