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10 SHERBROOKE AVENUE in Ottawa: Multi-family for sale : MLS®# X13504228
10 SHERBROOKE AVENUE Ottawa K1Y 1R7 
$1,199,000Multi-family- Status:
- Active
- MLS® Num:
- X13504228
- Bedrooms:
- 4
- Bathrooms:
- 4
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:2493) More detailsListed by ENGEL & VOLKERS OTTAWA
- DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
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85 WAVERLEY STREET E in Ottawa: Multi-family for sale : MLS®# X13470236
85 WAVERLEY STREET E Ottawa K2P 0V1
$974,900Multi-family- Status:
- Active
- MLS® Num:
- X13470236
- Bedrooms:
- 5
- Bathrooms:
- 4
"Walkable Lifestyle. Reliable Investment." On one of most desirable urban streets, just steps from the Rideau Canal and moments to the cafés, restaurants, boutiques, and everyday conveniences of Golden Triangle and Elgin Street, this brick house ( presently 3 units) presents a rare opportunity for both investors and future owner-occupiers a like. The building showcases attractive heritage-inspired brick detailing. Fully rented and excellent tenant's. Set on a quiet residential street lined with attractive homes and long-term neighbors, the property benefits from a location that continues to attract high-quality tenants seeking an urban lifestyle centered around walkability, green space, and community connection. The building comprises well-rented units with excellent tenants currently in place, generating annual rental income of $58,284.00. with approximately $20,866.67 in yearly expenses ( includes snow removal ). Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months. Beyond the existing income potential, the property also offers long-term upside and flexibility. Whether maintained as a stable investment property, gradually updated to further enhance revenue potential, or eventually reimagined as a future owner-occupied residence with income support, the combination of location, lot size, brick construction, and neighborhood demand creates a compelling opportunity for growth over time. With a 30 x 93 ft lot, rear lane access and one of Ottawa's most walkable urban settings, this is the kind of property that rarely loses relevance - a smart investment today and an exciting opportunity for the future. 3 units - one per floor - 3rd floor unit access at rear . Rear Lane allows for easy access -3 car parking. As well a shared right of way driveway with 89 Waverley. .Zoning N4B(478) Showing times 24 hour notice. (id:2493) More detailsListed by ENGEL & VOLKERS OTTAWA - DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
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523 MCLEOD STREET in Ottawa: Multi-family for sale : MLS®# X13149548
523 MCLEOD STREET Ottawa K1R 5P9
$889,000Multi-family- Status:
- Active
- MLS® Num:
- X13149548
- Bedrooms:
- 5
- Bathrooms:
- 3
An amazing opportunity for owner occupied multi generational living or an investment property, 523 McLeod Street is a fully functional duplex offering flexibility, space, and extensive recent upgrades. The property features a two bedroom Unit 1 and a three bedroom Unit 2, each with spacious layouts and abundant natural light. Unit 1 occupies the main floor and offers an extremely practical floor plan with a bright front living room, large dining area, functional kitchen, two bedrooms with large closets, and a full 4-piece bathroom. Unit 2 spans the upper two levels of the home and features an expansive living space, a front sunroom overlooking the neighbourhood, dining room, kitchen, full 4-piece bathroom, rear sunroom with access to a spacious deck, and three bedrooms on the upper floor, including a primary suite with ensuite powder room and convenient laundry. The property has undergone significant improvements between 2023 and 2024, including a brand new roof with asphalt shingles, wall flashing, fascia, soffit, and eavestroughs, fresh paint throughout (2023), 18 new Energy Star windows, a new Energy Star rear door, engineered hardwood flooring in the upstairs sunroom, and new vinyl flooring in the upstairs kitchen. Additional highlights include a private driveway with parking for two vehicles, a detached garage, and a mix of hardwood, tile, and vinyl flooring throughout. Each unit also includes a decorative fireplace. The community is a real standout, offering a kid friendly and family focused atmosphere with friendly neighbours and easy access to the shops, restaurants, and everyday amenities along Bank Street. A great opportunity to own a versatile property in one of Ottawa's most vibrant and connected neighbourhoods! (id:2493) More detailsListed by ENGEL & VOLKERS OTTAWA - DANIEL OAKES
- Engel & Völkers Ottawa Central Brokerage
- 613-422-8688
- Contact by Email
Data was last updated August 13, 2026 at 06:15 AM (UTC)
