Multi-unit
$1,149,900
11 Sherbrooke Avenue
Hintonburg, Ottawa
- 4 bd
- 2 ba
- Duplex
1 / 24
$1,825,000
Hintonburg, Ottawa, ON K1Y1T4 · MLS® X14163054
Fully tenanted six-unit residential building in the heart of Hintonburg, within walking distance of local shops, cafés, everyday amenities and public transit. Each two-bedroom apartment offers approximately 550-600 sq. ft. and a private balcony. The property has an established rental history, with several long-term tenants and no reported vacancies over the past decade. Recent improvements include renovations to several suites and updates to the building exterior. Four apartments were fully renovated in 2023 with updated kitchens, bathrooms, flooring and appliances. On-site laundry and parking add convenience for tenants. An opportunity to acquire an income-producing property in one of Ottawa's most walkable neighbourhoods. Financial details are available upon request. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Royal Lepage Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.