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Renanza Realty
For sale

11 SHERBROOKE AVENUE

Ottawa, Ontario

MLS® X13757234

$1,199,000

Status
Active
Property type
Multi-family
MLS® number
X13757234
Bedrooms
4
Bathrooms
2
Year built

Listing description

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.

Property summary

MLS® number
X13757234
Property type
Multi-family
Building type
Duplex
Land size
66 x 87 FT
Annual property taxes
$7,878.00
Parking
4 spaces · No Garage
Days on market
8 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
Wall unit
Basement
Unfinished, N/A
Exterior features
Brick

What would this home cost you?

Based on the $1,199,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,579 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE TEAM REALTY, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.