ON > West Centre Town > 4202 - Hintonburg
West Centre Town, ON K1Y 1N9,238 Carruthers AVE
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West Centre Town, ON K1Y 1N9,238 Carruthers AVE,Video Tour
West Centre Town, ON K1Y 1N9,238 Carruthers AVE
West Centre Town, ON K1Y 1N9,238 Carruthers AVE
West Centre Town, ON K1Y 1N9,238 Carruthers AVE
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 4,415,000
Est. payment /mo
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Active

238 Carruthers AVE West Centre Town, ON K1Y 1N9

6,028 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,028 sqft

Price per Sqft $732

Subdivision 4202 - Hintonburg

MLS Listing ID X12401668

Annual Tax Amount $26,426

Tax Year 2025

Property Sub-Type Investment

Lot Depth 91.5

Lot Front 66.0

Property Description

Excellent opportunity to acquire a purpose-built multi-residential property in one of Ottawas most desirable urban neighbourhoods. 238 Carruthers Avenue features 10 fully furnished, all-inclusive units with 21 total bedrooms, supported by modern security systems including cameras, intercom, and digital locks. Each unit is separately metered for hydro, providing efficiency and reduced operating costs. The property generates annual revenue of $313,786 and a Net Operating Income of $220,557, giving a strong 5.0% cap rate. The location offers an unbeatable lifestyle for tenants, with a 98 Walk Score, 83 Transit Score, and 99 Bike Score. Residents are just steps from Wellington Street West with its wide array of shops, restaurants, cafés, and everyday conveniences, while also being minutes from downtown, the Ottawa River pathways, and LeBreton Flats. Additional income is provided through on-site parking and laundry, further strengthening the properties return profile. With stable cash flow, modern upgrades, and a proven rental model, 238 Carruthers presents a rare opportunity to secure a turnkey, purpose-built investment property in a high-demand location with long-term appreciation potential

Location

Province ON

County Ottawa

Community 4202 - Hintonburg

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 91.5

Others

Virtual Tour https://my.matterport.com/show/?m=t8kHbu8ZoMQ&mls=1

Listed by SLEEPWELL REALTY GROUP LTD
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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238 Carruthers AVE

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