Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

11 Sherbrooke Avenue Ottawa, Ontario K1Y 1R8

4 Bedroom 2 Bathroom 2,000 - 2,500 sqft
Wall Unit Baseboard Heaters

$1,149,900

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street 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:67947)

Property Details

MLS® Number X13757234
Property Type Multi-family
Community Name 4203 - Hintonburg
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 87 Ft
Size Frontage 66 Ft
Size Irregular 66 X 87 Ft
Size Total Text 66 X 87 Ft
Zoning Description N4b H(11)

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30248664/11-sherbrooke-avenue-ottawa-4203-hintonburg

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Adam Ricci, Royal LePage Team Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.