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:48414)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X11959087 |
| Property Type | Multi-family |
| Neigbourhood | Wellington Village |
| Community Name | 4202 - Hintonburg |
| Amenities Near By | Public Transit, Recreation |
| Appliances | Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 4664 Sqft |
| Size Interior | 4,664 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 92 Ft ,4 In |
| Size Frontage | 66 Ft |
| Size Irregular | Bldg=66.01 X 92.36 Ft |
| Size Total Text | Bldg=66.01 X 92.36 Ft |
| Zoning Description | R4ud |
https://www.realtor.ca/real-estate/27884201/265-carruthers-avenue-ottawa-4202-hintonburg
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