Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity.
2 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $799 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 10 Sherbrooke Ave
Every detail from the listing, in one place.
Type
Fourplex
Style
1 Storey/Apt
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Fourplex
10 Sherbrooke Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13504228$1,199,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 10 Sherbrooke Ave Compares to the West Centre Town Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,890
/mo
based on the purchase price of $1,199,000
$239,800 cash
$959,200 financed
$807,898 total interest
Principal54%$959,200
Interest46%$807,898
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in West Centre Town
Other 4–8 bed homes for sale in West Centre Town around $1.2M.
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio96.8%On average, homes sold below asking.
Active listings106Homes for sale here right now.
Median vs prior 90 days−18.3%Compared with May 10 – Aug 8, 2026: prices down.
Based on 53 sales from Aug 8 – Nov 6, 2026 (52 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
10 Sherbrooke Ave is listed at $1,199,000 (MLS® X13504228). Summitly updates the price as soon as the MLS® record changes.
Is $1,199,000 a good price for 10 Sherbrooke Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in West Centre Town. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 10 Sherbrooke Ave changed?
No — 10 Sherbrooke Ave is still listed at its original asking price of $1,199,000.
How many bedrooms and bathrooms does 10 Sherbrooke Ave have?
10 Sherbrooke Ave has 2 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a fourplex in West Centre Town.
Is 10 Sherbrooke Ave close to transit?
The nearest rapid-transit station is Tunney's Pasture Station (O-Train Line 1), about 760 m (about a 10-minute walk) in a straight line. Bayview Station is about 830 m (about a 10-minute walk), and Corso Italia Station is about 900 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 10 Sherbrooke Ave?
About $5,890 a month — principal and interest on $1,199,000 with 20% down ($239,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 10 Sherbrooke Ave compare with other homes in West Centre Town?
Its asking price of $1,199,000 is about 107% above the median sold price in West Centre Town over the last 90 days, $580,000, across 53 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 10 Sherbrooke Ave been sold before?
Summitly has no earlier MLS® sale or lease of 10 Sherbrooke Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 10 Sherbrooke Ave?
10 Sherbrooke Ave is in West Centre Town, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 10 Sherbrooke Ave been on the market?
130 days — 10 Sherbrooke Ave was listed on June 29, 2026.
What is the price per square foot of 10 Sherbrooke Ave?
About $600 to $799 per square foot: the asking price of $1,199,000 over the 1,500–2,000 sq ft the listing gives as its size range.
