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Last Updated : 11 Days ago
115 Carruthers Avenue, West Centre Town, ON, 4201 - Mechanicsville
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115 Carruthers Avenue, West Centre Town MLS Number: X12868812

4201 - Mechanicsville, West Centre Town, Ottawa, ON, K1Y 1N4

$1,020,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $6213.0 (Tax Year:2025)
  • Listing Courtesy : Re/max Hallmark Realty Group

115 Carruthers Avenue Property Description

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney's Pasture LRT Station and 300m from the Government Tunney's Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg's shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note - 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet*

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115 Carruthers Avenue Property Facts

Property Type :Commercial
MLS Number :X12868812
Listing Type :Sale
Possession Date :
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Last Updated :11 Mar, 2026 (11 Days ago)
Source :Toronto Regional Real Estate Board
Area :Ottawa
Postal Code : K1Y 1N4
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115 Carruthers Avenue Property Price & Tax Insights

Price : $1,020,000
Property Taxes :$6213.0
Tax Year :2025

115 Carruthers Avenue, West Centre Town Property Details

Air Conditioning :No
Heating :Gas Forced Air Open
Cross Street :Lyndale Ave., & Carruthers Ave.
Fireplace/Stove :Yes

115 Carruthers Avenue, West Centre Town - Price History

2026-03

10 Mar, 2026

TREB #X12868812

Listed

$1020000.0

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115 Carruthers Avenue - Location Map and Landmarks

  • University of Ottawa Heart Institute, Ottawa 1.59 km
  • The Ottawa - Civic, Ottawa 1.68 km
  • Royal Ottawa Mental Health Centre, Ottawa 2.03 km
  • The Ottawa - Riverside, Ottawa 4.85 km
  • National Defence Medical Centre, Ottawa 5.61 km
  • Children's of Eastern Ontario (CHEO), Ottawa 6.14 km
  • The Ottawa - General, Ottawa 6.22 km
  • Montfort, Ottawa 8.29 km
  • Queensway Carleton, Ottawa 10.1 km
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FAQs: 115 Carruthers Avenue, West Centre Town

  • Q: Does this Project 115 Carruthers Avenue available for Sale ?

    A: The project 115 Carruthers Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 115 Carruthers Avenue is Offering?

    A:Square Yards is giving a Cashback of $5,100 if you buy this property from us, however there are several key features offered by the 115 Carruthers Avenue. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 115 Carruthers Avenue, Ottawa?

    A: 115 Carruthers Avenue, Ottawa comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Ottawa, On?

    A:Ottawa, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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