265 Carruthers Avenue, West Centre Town | Image 1

265 Carruthers Avenue

West Centre Town, 4202 - Hintonburg

  • Commercial

$1,299,900
For Sale

Added 5 hours ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R4UD

  • Age: No Data

  • Taxes: 10978

  • MLS®#: X11959087

  • Added: Feb 06, 2025 (5 hours ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: AVENUE NORTH REALTY INC.

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.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: West Centre Town

  • Community: 4202 - Hintonburg

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $10,978

  • Expenses: Act

  • Insurance Fee: 6268

  • Hydro Expense: 1200

  • Heat Expenses: 3600

  • Taxes Type: Annual

  • Water Fees: 4965

Land

  • Cross Street: Wellington

  • Municipality District: West Centre Town

  • Parcel Number: 040940298

  • Lot Depth: 92.36 Feet

  • Lot Frontage: 66.01 Feet

  • Zoning: R4UD

Additional Media

  • Virtual Tour: https://listings.insideoutmedia.ca/sites/265-carruthers-ave-ottawa-on-k1y-1n8-13766207/branded

Commercial Specific

  • Total Area: 4664

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: N

  • Gross Income/Sales: 100768

Map of 265 Carruthers Avenue, West Centre Town
JK-6

École élémentaire publique Centre-Nord

Elementary: Public
1.05 km
JK-6

Devonshire Community Public School

Elementary: Public
0.69 km
JK-6

École élémentaire catholique Saint-François-d'Assise

Elementary: Catholic
0.29 km
JK-6

Connaught Public School

Elementary: Public
0.34 km
JK-6

Elmdale Public School

Elementary: Public
1.23 km
7-8

Fisher Park/Summit AS Public School

Elementary: Public
0.83 km
Pre-Grade 9-12

Centre Jules-Léger ÉP Surdité palier

Secondary: Provincial
2.15 km
Pre-Grade 9-12

Centre Jules-Léger ÉP Surdicécité

Secondary: Provincial
2.15 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
2.21 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
2.08 km
9-12

St Nicholas Adult High School

Secondary: Catholic
2.14 km
9-12

Adult High School

Secondary: Public
1.31 km
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