10 Sherbrooke Avenue
West Centre Town, ON
- 4 bed
- 4 bath
- approx. 1500-2000 sqft
- Fourplex
- 75 days on market
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.
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Listing Details
- Taxes (2026)
- $7,765
- Listed
- June 29, 2026
Price History
Listing history
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Property
- Style
- 1 Storey/Apt
- Construction
- Metal/Steel Siding, Wood
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- None
- Lot Size
- 29 x 102.84 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Wellington St
- Parcel Number
- 040930039
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- All appliances and window coverings. Units 1, 2 and 4 furniture.
- Exclusions
- Tenant's belongings
Schools
Elementary
- Connaught Public School0.2 km
Public · Ottawa-Carleton DSB · 395 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 73% met the provincial standard
- École élémentaire catholique Saint-François-d'Assise0.2 km
French Catholic · CSDC du Centre-Est de l'Ontario · 380 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 64% met the provincial standard
- Devonshire Community Public School0.6 km
Public · Ottawa-Carleton DSB · 300 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 65% met the provincial standard
Secondary
- Adult High School1.2 km
Public · Ottawa-Carleton DSB · 1010 students
- École secondaire catholique Saint-Jean-Baptiste1.6 km
French Catholic · CSDC du Centre-Est de l'Ontario
- St Nicholas Adult High School2 km
Catholic · Ottawa CSB · 620 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in West Centre Town · last 12 months
- Median sold price
- $675,000
- Homes sold
- 173
- Median days on market
- 20
- Sale-to-list price
- 98.0%
Based on 173 recorded sales of residential freehold properties in West Centre Town over the last 12 months.
Listed by
ENGEL & VOLKERS OTTAWA
Walk Score
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Location
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Mortgage Calculator
$239,800
Estimated Monthly Payment
$5,890
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,890/mo (20% down, 5.5%)
Taxes: $647/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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