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LPT Realty Canada

canada@lptrealty.com

$ 1,779,900

Est. payment | -/mo

10 Beds

6 Baths

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$ 1,779,900

Est. payment | -/mo

Save Virtual Tour

10 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4203 - Hintonburg

MLS Listing ID X13838414

Style 3-Storey

Bedrooms 10

Annual Tax Amount $12,779

Tax Year 2026

Property Sub-Type Multiplex

Property Description

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.

Location

State ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 6

Interior

Interior Features Carpet Free, Storage

Cooling None

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck, Porch

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 114.36

Total Parking Spaces 5

Building

Foundation Stone

Others

ParcelsYN No

Virtual Tour https://listings.insideoutmedia.ca/sites/enqjwblo/unbranded

Listed by RE/MAX HALLMARK REALTY GROUP

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124-126 Irving AVE West Centre Town, ON K1Y 1Z4