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:6673)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X11959087 |
| Property Type | Multi-family |
| Community Name | 4202 - Hintonburg |
| AmenitiesNearBy | Public Transit, Recreation |
| Appliances | Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 4664 Sqft |
| SizeInterior | 4664 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| SizeDepth | 92 Ft ,4 In |
| SizeFrontage | 66 Ft |
| SizeIrregular | Bldg=66.01 X 92.36 Ft |
| SizeTotalText | Bldg=66.01 X 92.36 Ft |
| ZoningDescription | R4ud |
Contact us for more information
Jordan Stitt
Salesperson
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