115 Carruthers Avenue
West Centre Town, ON
- 2,146 sqft
- Investment
- 208 days on market
Buy a 5-plex for the price of a triplex, cash flowing with HIGH-INCOME and walk to the LRT Tunney's Pasture...700m from the LRT (Tunney's Pasture station), 300m from the Government Tunney's Pasture complex! Gross Income: $98,700.00/yr. Easy to rent to good tenants, this multi-unit building is operated like a well-oiled machine, with keypads on each door and various renovations in each unit. Ideally located a few city blocks from Hintonburg's vibrant shops and restaurants, Tunney's Pasture, and the LRT, with close proximity to the Ottawa River pathways, Laroche Park, Civic Hospital, and the exciting future development at LeBreton Flats. The building offers a strong unit mix designed for tenant demand, consisting of one spacious 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all fully rented. Four of the five units feature in-suite laundry, and the property has been well maintained with renovated interiors, attracting quality long-term tenants. Additional highlights include R4UD zoning, 2 owned hot water tanks, and rear parking for three vehicles accessed via a city-maintained laneway. A rare opportunity to acquire a high-performing, low-maintenance asset in a proven rental location with excellent transit access and long-term upside. See it before it's gone!
Listing Details
- Taxes (2025)
- $6,213
- Originally Listed
- $1,099,990
- Listed
- February 4, 2026
Price History
Listing history
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Property
- Lot Size
- 25.08 x 98.12 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Lyndale Ave., & Carruthers Ave.
- Zoning
- R4UD
- Parcel Number
- 040960164
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- Hot Water Tanks (2), Refrigerators (5), Stove (5), Microwaves (5), Washer/Spinner (4)
- Exclusions
- Tenant belongings. Some negotiable items: TVs (4), Queen Bed Frames (2), Double Bed Frame, Coffee Table, Dressers (3), Side Tables (4), Entry Table, Dining Tables (2), Dining Chairs (4), Desk, Desk Chair, Outdoor Vestibule
- Rental Items
- none
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K1Y
- Population
- 20,712
- Private dwellings
- 10,737
- Median age
- 40
- Average household size
- 2
- Median household income
- $99,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in West Centre Town · last 12 months
- Median sold price
- $675,000
- Homes sold
- 177
- Median days on market
- 20
- Sale-to-list price
- 98.2%
Based on 177 recorded sales of commercial properties in West Centre Town over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY GROUP
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,146 sq ft
- Price per sq ft
- $507.92
- Annual property tax
- $6,213
- Tax per sq ft
- $2.90
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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