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Hintonburg, Ottawa, Ontario K1Y 1R8
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.
Listing activity for 11 Sherbrooke Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,149,900 | N/A | Pc | X13757234 |
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Municipal transit open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$5,272
Total monthly payment
$5,929
Break-even down payment
100%
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$1,149,900
$1,149,900
CAD
Estimate unavailable
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