11 Sherbrooke Avenue, Ottawa, Ontario K1Y1R8

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$1,499,900
4
BD
2
BA
List Price
$1,499,900
MLS®
1274703
Days on Market
7
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Subdivision
Hintonburg

Property Description

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:2579)

Additional Information

Ownership
Freehold
Heating Fuel
Natural gas,
Garage
Yes
Subdivision
Hintonburg
Parking Spaces
4
Cooling
Unknown
Country
Canada
Flooring
Mixed Flooring, Hardwood, Tile
Sewer
Municipal sewage system
Frontage Length
66 ft
Heating
Hot water radiator heat, Radiant heat
Attached Garage
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks