10 Sherbrooke Avenue

4203 - Hintonburg, West Centre Town, K1Y 1R7

$1,199,000

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  • 2+2 bedrooms
  • 4 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 112 days ago · MLS® X13504228

About this home

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.

Details

Type
Fourplex
Style
1 Storey/Apt
Size
1500-2000 sq ft
Lot
29 × 102.84 ft
Basement
None
Garage
None
Kitchens
4
Property tax
$7,765 (2026)
Neighbourhood
4203 - Hintonburg
Municipality
West Centre Town

Interior

Bedrooms
2 above ground + 2 below
Bathrooms
4 × 4-piece
Kitchens
4 (2 below ground)
Rooms
8 above ground + 8 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
1 Storey/Apt
Exterior
Metal/Steel Siding, Wood
Roof
Asphalt Shingle
Foundation
Block
Faces
West

Parking

Total parking
3

Lot

Size
29 × 102.84 ft

More

Possession
TBD
Cross street
Wellington St

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Tunney's Pasture LRT12 min walk
  • 🚇 Bayview LRT13 min walk

Within a 10-minute walk: 2 grocery stores, 51 cafés and restaurants, 14 parks, 6 pharmacies. Nearest grocery: Hintonburg Market (200 m). Nearest park: McCormick Park (150 m).

Schools nearby

Elementary

  • Saint-François-d'Assise Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 64%
    2 min walk
  • Connaught Public School
    EQAO: Gr 6 reading 93%, math 73%
    3 min walk
  • Devonshire Community Public School
    EQAO: Gr 6 reading 94%, math 65%
    10 min walk
  • Parkdale Montessori School Private10 min walk

Secondary

  • Fisher Park Public School / Summit Alternate School14 min walk
  • Adult High School Preschool Program
    EQAO: Gr 9 math 21%
    1.2 km
  • Adult High School
    EQAO: Gr 9 math 21%
    1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1Y

Owners / renters
51% / 49%
Median household income
$99,000
Average age
42
Children under 15
14%
Homes
31% detached, 31% high-rise
Commute by transit
17%
Population
20,712

Languages spoken most at home besides English: Mandarin 0.6%, Arabic 0.5%, Spanish 0.5%, Vietnamese 0.4%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 3 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ENGEL & VOLKERS OTTAWA.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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