OTTAWA

OPEN HOUSES

11 SHERBROOKE AVENUE

Ottawa, Ontario K1Y1R8

$1,499,900

4 Bedroom 2 Bathroom

Unknown Hot water radiator heat Radiant heat

Attention Investors and Developers! This property is perfectly located for an investment property. Steps away from Wellington street, this location will amaze prospective tenants. It is walking distance to all of the trendy and popular restaurants and shops that Hintonburg has to offer. This is an up-down duplex in one of Ottawa's trendiest neighbourhoods. This duplex has a two 2-bedroom units. Lower unit previously rented at $1950 per month plus utilities, but it was undervalued. Lower unit should rent for $2100 plus hydro. Upper unit should generate $1900 plus hydro. Each unit has it's own hydro and laundry. However, the value rests on the development potential of the land. As one of the only remaining original lots, this is your dream purchase to construct. You're imagination is your only limitation (and city rules). Buyer to verify, but consider building your 12-unit on the property. Don't miss out on this opportunity. Many different investment strategies at your leisure. (id:25961)

ARE YOU INTERESTED IN LEARNING

MORE ABOUT THIS PROPERTY?

Request More Listings Information
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: January 12, 2022

On market: 10 days

NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

Contact one of our branches, we're here to help!

Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved. Ottawa Real Estate


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.

NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

Contact one of our branches, we're here to help!

Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved.


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.