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    For Sale - 124-126 Irving Avenue, West Centre Town, Ontario

    Est payment $8,547/mo
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    Time on Jump  1 days

    AI Summary *

    • Classic six-unit building with significant updates and historical charm.
    • Well-maintained with hardwood floors, high ceilings, and fireplaces in each unit.
    • Large outdoor spaces with west-facing patios for tenant enjoyment.
    • Excellent investment with strong income potential and favorable CAP rate.
    • Prime location near shops, restaurants, and transit in Hintonburg.




    Offered for the first time in nearly 50 years, this impressive three-storey, red-brick six-unit building presents a rare investment opportunity in the heart of hintonburg. Lovingly maintained and thoughtfully updated, the property combines classic character, and significant improvements to major building systems. Unit features include hardwood floors, high ceilings, fireplaces, generous sized principal rooms, enclosed sunrooms, large west-facing rear patios providing valuable outdoor living space, and absolutely fantastic tenants. Extensive updates over the years include a complete electrical upgrade (2014-2022), all modern plumbing including stacks (mostly 2022), windows (mostly 2019+), architectural style roofing (2017-2019) and heating systems (2022), offering an excellent foundation for continued ownership. Ideally positioned just steps from hintonburg's shops, restaurants, cafés and transit, the property benefits from an exceptional central location and strong tenant appeal. Gross income of $120,240, and expenses of $26,923, gives 124-126 irving avenue a strong cap rate of 5. 24% with room to increase. This is a rare opportunity to acquire a substantial multi-residential property in one of ottawa's most desirable urban neighbourhoods. 2026 fire code compliance certificate will be made available to the buyer on or before closing.
    Listing IDX13838414
    Address124-126 Irving Avenue
    CityWest Centre Town, Ontario
    Price$1,779,900
    Bed / Bath10 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet Free, StorageOutdoor Features Deck, PorchOwnership FreeholdBasement Full, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
    ASAP

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    Listing Brokerage: 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.

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    124-126 Irving Avenue
    West Centre Town , Ontario
    10 6 $1,779,900
    Get more info