By

CALL
TOUR PROPERTY
×

124-126 Irving Avenue in Ottawa for sale

Asking price
$1,779,900
Estimate (Sep 29)
$1,716,813
MLS #:
X13838414
Type:
Multiplex, 3-Storey
Approx. SQFT:
3500-5000
Basement:
Full, Unfinished
10 10
50 x 114.36 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
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.

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.

  • Date Listed: Tuesday, September 29, 2026
  • Listing Brokerage: Re/Max Hallmark Realty Group - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark Realty Group and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 124-126 Irving Avenue
  • City: Ottawa

    More 10 bedrooms homes for sale in Ottawa

  • Neighbourhood: Hintonburg
  • Major Intersection: Irving and Gladstone
  • Full Address: 124-126 Irving Avenue, Ottawa, K1Y 1Z4, Canada, ON, Canada
  • Amenities:
  • Taxes: $12,779.00 (2026)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.