10 SHERBROOKE AVENUE, Ottawa
$1,199,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 4 bedrooms, 4 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13504228
- Neighbourhood
- 4203 - Hintonburg
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.
Sold data
Multiplex homes in Ottawa — recent sold market
Multiplex homes in Ottawa took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 42 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $884,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
- Median days to sell
- 40
- Median sale price
- $884,450
- Sale-to-list ratio
- 97.4%
- Sold above asking
- 7%
Based on 42 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 10 SHERBROOKE AVENUE
$1,295,000
Multiplex743,000–3,500 sqft480 OAKHILL ROAD, 3201 - Rockcliffe, Ottawa
$1,180,000
Multiplex442,500–3,000 sqft86 FOURTH AVENUE, 4402 - Glebe, Ottawa
$1,099,000
Multiplex532,500–3,000 sqft491 MCLEOD STREET, 4103 - Ottawa Centre, Ottawa
$1,098,800
Multiplex421,100–1,500 sqft169 FLORENCE STREET, 4103 - Ottawa Centre, Ottawa
$1,099,000
Multiplex632,000–2,500 sqft451 & 453 - 453 CATHERINE STREET N, 4103 - Ottawa Centre, Ottawa
$1,150,000
Multiplex8+232,000–2,500 sqft3 HILDA STREET, 4202 - Hintonburg, Ottawa
$1,189,000
Detached4+241,100–1,500 sqft31 HARVARD AVENUE, 4403 - Old Ottawa South, Ottawa
$1,185,000
Detached443,000–3,500 sqft11 REDBRIDGE CRESCENT, 7706 - Barrhaven - Longfields, Ottawa