$1,020,000
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115 Carruthers Avenue, Ottawa, ON K1Y1N4

- Beds
0 Baths
2,146 Sq Ft

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98, 700 in gross annual income and is located just 700m from Tunney's Pasture LRT Station and 300m from the Government Tunney's Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg's shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note - 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet* (id:58753)

  • MLS® X12868812
  • Date Listed03/10/2026
  • Days on Realty 88 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 2,146 sq. ft
  • Price Per Sq. Ft $475.3

Interior Features

  • Appliances Washer, Microwave, Water Heater
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1Y1N4

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1Y1N4

Source: Walk Score

67/100

Somewhat Walkable

Walk Score ®

81/100

Excellent Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.


Transit Summary

52 nearby routes: 51 bus, 1 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 62/100, Bike Score: 85/100.

Points of Interest near 115 CARRUTHERS AVENUE, Ottawa, ON K1Y1N4

Frequently Asked Questions for 115 CARRUTHERS AVENUE

Source: Realty.com

115 CARRUTHERS AVENUE, Ottawa, ON K1Y1N4 in Ottawa, ON K1Y1N4 is a multi family listed at $1,020,000. Highlights include 2,146 sq. ft., $475 per sq. ft.. Realty.ca has 27 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 27 photos of 115 CARRUTHERS AVENUE.

The full address for this home is 115 CARRUTHERS AVENUE, Ottawa, ON K1Y1N4.

115 CARRUTHERS AVENUE has been listed on Realty.com since Tue March 10, 2026

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 62/100, Bike Score: 85/100.

Listing provided courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing agent: Moe McIlwain

This content last refreshed on 2026-06-06 21:12:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.