For Sale · Ottawa · Multi-family

$1,199,000

10 SHERBROOKE AVENUE, Ottawa

Beds

Baths

About This Home

The details.

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. (id:66635)

Summarizing the highlights...

MLS® X13504228Listing courtesy of ENGEL & VOLKERS OTTAWAView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Parking: 3 spaces
Listed on: 2026-06-29
Days on market: 16
MLS number: X13504228
Data source: Ottawa Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$5,607

$959,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$5,607

Cash flow

-$5,607

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Ottawa right now

1,446

Active listings

1,827

New this week

$569,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Ottawa.

Household and demographic stats for Ottawa, from the Statistics Canada 2021 Census.

1,017,449
Population (2021): 40
Median age: 407,255
Households: 2.5
Avg household size: 63.9%
Home ownership: $102,000
Median household income

Ottawa market trends

Source: Statistics Canada 2021 Census, Ottawa, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

École élémentaire catholique Saint-François-d'Assise
catholic · elementary
160 m
Connaught Public School
public · elementary
210 m
Parkdale Montessori School
independent · elementary
630 m
Devonshire Community Public School
public · elementary
640 m
Fisher Park/Summit AS Public School
public · middle
770 m
Heritage Academy
independent · k12
810 m

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

Nearby homes like this one.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or 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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.