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 $100,000 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. (id:4069)
Address
265 CARRUTHERS AVENUE
List Price
$1,299,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Ottawa
Floor Area
4,664 Sq. Ft.
Lot Size
Bldg=66.01 x 92.36 FT Sq. Ft.
MLS® Number
X11959087
Listing Brokerage
AVENUE NORTH REALTY INC.
Postal Code
K1Y1N8
Zoning
R4UD
Site Influences
Public Transit, Recreation
