More Photos

×

    For Sale - 115 Carruthers Avenue, West Centre Town, Ontario

    Est payment $4,898/mo
    Get pre-qualified
    Views   1
    Time on Jump  17 day

    AI Summary *

    • Fully rented 5-plex with strong cash flow and low vacancy risk.
    • Close proximity to Tunney's Pasture LRT Station and Government complex.
    • Efficient management with keypad entry and multiple recent renovations.
    • Diverse unit mix includes in-suite laundry in four units.
    • Located near shops, parks, and future redevelopment areas for growth.




    Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from tunney's pasture lrt station and 300m from the government tunney's pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from hintonburg's shops and restaurants, the building also offers close proximity to the ottawa river pathways, laroche park, the civic hospital, and the future redevelopment at lebreton flats, contributing to long-term rental demand. Additional features include r4ud zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note - 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *email to get the finanical spreadsheet*
    Listing IDX12868812
    Address115 Carruthers Avenue
    CityWest Centre Town, Ontario
    Price$1,020,000
    StyleInvestment
    Land Size2460.84
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public Transit, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air Open

    ASAP

    Sun

    29

    Mar

    Mon

    30

    Mar

    Tue

    31

    Mar

    Wed

    1

    Apr

    Thu

    2

    Apr

    Fri

    3

    Apr

    Sat

    4

    Apr

    Sun

    5

    Apr

    Mon

    6

    Apr

    Tue

    7

    Apr

    Wed

    8

    Apr

    Thu

    9

    Apr

    Fri

    10

    Apr

    Sat

    11

    Apr

    Sun

    12

    Apr

    Mon

    13

    Apr

    Tue

    14

    Apr

    Wed

    15

    Apr

    Thu

    16

    Apr

    Fri

    17

    Apr

    Sat

    18

    Apr

    Sun

    19

    Apr

    Mon

    20

    Apr

    Tue

    21

    Apr

    Wed

    22

    Apr

    Thu

    23

    Apr

    Fri

    24

    Apr

    Sat

    25

    Apr

    Sun

    26

    Apr

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    6 Hart Street
    Richmond Hill, Ontario.
    6 Beds | 4 Baths
    $1,388,000
    27 Pine Avenue
    Mississauga, Ontario.
    5 Beds | 2 Baths
    $1,399,000
    180 Union Street
    Centre Wellington, Ontario.
    4 Beds | 4 Baths
    $869,900
    119 Gauguin Avenue
    Vaughan, Ontario.
    3 Beds | 3 Baths
    $999,000
    238 Nautical Boulevard
    Oakville, Ontario.
    6 Beds | 6 Baths
    $1,699,900
    62 Frank Kelly Drive
    East Gwillimbury, Ontario.
    4 Beds | 4 Baths
    $1,388,800
    244 Deerfox Drive
    Barrhaven, Ontario.
    3 Beds | 3 Baths
    $620,000
    79 Parkside Avenue
    South Bruce Peninsula, Onta…
    3 Beds | 2 Baths
    $499,000
    69 Jacqueline Boulevard
    Hamilton, Ontario.
    6 Beds | 3 Baths
    $999,998
    Loading...
    115 Carruthers Avenue
    West Centre Town , Ontario
    $1,020,000
    Get more info