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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. (id:58753)
Cross Streets: Wellington St. ** Directions: Wellington Street to Sherbrooke Ave.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
99/100
Walker's Paradise
Walk Score ®
83/100
Excellent Transit
Transit Score ®
99/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
52 nearby routes: 51 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 60/100, Bike Score: 83/100.
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1079 WELLINGTON STREET W, Ottawa, ON K1Y2Y2
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88 MACLAREN STREET, Ottawa, ON K2P0K6
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66 QUEEN STREET, Smiths Falls, ON K7A3N2
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355 COUNTY ROAD 16 ROAD, Elizabethtown-Kitley, ON K0G1G0
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11 SHERBROOKE AVENUE
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11 SHERBROOKE AVENUE
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Source: Realty.com
10 SHERBROOKE AVENUE, Ottawa, ON K1Y1R7 in Ottawa, ON K1Y1R7 is a quadruplex listed at $1,199,000. Highlights include 4 bedrooms, 4 bathrooms. Realty.ca has 27 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 27 photos of 10 SHERBROOKE AVENUE.
The full address for this home is 10 SHERBROOKE AVENUE, Ottawa, ON K1Y1R7.
10 SHERBROOKE AVENUE has been listed on Realty.com since Tue June 30, 2026
Daily errands do not require a car. 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: 69/100, Transit Score: 60/100, Bike Score: 83/100.
Listing provided courtesy of:
ENGEL & VOLKERS OTTAWA
Listing agent:
Ryan Cole
This content last refreshed on 2026-07-30 03:46:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.