11 SHERBROOKE AVENUE

Ottawa, Ontario K1Y1R8

$1,499,900

ID# 1274703
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:25961)
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: January 12, 2022

On market: 9 days
Bathroom Total 2
Bedrooms Total 4
Half Bathrooms Total 0
Year Built 1900
Cooling Type Unknown
Flooring Type Mixed Flooring, Hardwood, Tile
Heating Type Hot water radiator heat, Radiant heat
Heating Fuel Natural gas
4pc BathroomSecond level5'1" x 9'2"
BedroomSecond level12'3" x 10'11"
BedroomSecond level9'8" x 11'3"
Dining roomSecond level5'1 x 7'9"
KitchenSecond level8'2" x 10'7"
Laundry roomSecond level6'6" x 7'0"
Living roomSecond level10'5" x 15'6"
Primary BedroomMain level10'6" x 15'3"
BedroomMain level12'4" x 7'9"
KitchenMain level15'4" x 11'2"
Dining roomMain level10'1" x 11'8"
Living roomMain level12'9" x 11'7"
Laundry roomMain level8'0" x 5'2"