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$1,299,900
Status: For Sale
Welcome to 265 Carruthers Avenue an exceptional investment opportunity in the heart of Hintonburg! Just steps from Wellington Street and all its amenities, this well-maintained legal five plex offers strong rental income and incredible development potential. Each unit features in-unit laundry, hardwood and ceramic tile flooring, parking, and is individually metered for gas and hydro, with its own furnace and A/C. Fully leased, this property generates an impressive $99,408 in annual rental income. Situated on a 66.01' x 92.36' lot with R4UD zoning, this is a rare chance to secure a high-performing asset in one of Ottawa's most sought-after neighborhoods. A true "double whammy" for investors whether you're expanding your portfolio or seeking future development potential, this property checks all the boxes. 24-hour notice required for showings due to tenants. Don't miss out, move on this one today! Floorplans attached.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11959087 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :27 Feb, 2025 (26 Days ago) |
| Source | :TRREB |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1Y 1N8
|
| Price | : $1,299,900 |
|---|---|
| Property Taxes | :$10978.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :Wellington |
|---|
| Virtual Tour | :Virtual Tour (External Link) |
|---|
06 Feb, 2025
TREB #X11959087
Available
$1,299,900
