115 CARRUTHERS AVENUE - Photo 1 of 38, Ottawa, Ontario
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$1,090,000

115 CARRUTHERS AVENUE — Ottawa, Ontario

K1Y1N4

2,146Sq Ft
3Parking

About This Property

6.76% Cap rate** Inherit CASH FLOW with this Prime 5-Unit Investment Opportunity in Sought-After Hintonburg-Mechanicsville. 700m from the LRT (Tunney's Pasture station), 300m from the Government Tunney's Pasture complex! Easy to rent to good tenants, this multi-unit building is operated like a well-oiled machine, with keypads on each door and various renovations in each unit. Ideally located a few city blocks from Hintonburg's vibrant shops and restaurants, Tunney's Pasture, and the LRT, with close proximity to the Ottawa River pathways, Laroche Park, Civic Hospital, and the exciting future development at LeBreton Flats. The building offers a strong unit mix designed for tenant demand, consisting of one spacious 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all fully rented. Four of the five units feature in-suite laundry, and the property has been well maintained with renovated interiors, attracting quality long-term tenants. Additional highlights include R4UD zoning, 2 owned hot water tanks, and rear parking for three vehicles accessed via a city-maintained laneway. A rare opportunity to acquire a high-performing, low-maintenance asset in a proven rental location with excellent transit access and long-term upside. See it before it's gone! **(cap rate doesn't incl maintenance and management expense) (id:63357)

Property Location

Property Details

Property Type
Multi-Unit
Building Area
2,146 square feet
Living Area
2,146 sqft
Status
Active

Location & Neighborhood

What's nearby 115 CARRUTHERS AVENUE

Lifestyle Summary

** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

🏘️Neighborhood Vibe

** Nestled in a vibrant community, Carruthers Avenue offers a friendly and welcoming atmosphere that embodies the charm of Ottawa. The blend of urban conveniences and residential tranquility makes it an ideal spot for those seeking both a lively neighborhood and a peaceful retreat. With tree-lined streets and a mix of historic and modern homes, you'll feel right at home in this inviting locale. **COMMUTER_SUMMARY:** Convenience is a hallmark of this location, with multiple bus stops just a short walk away, making commuting to downtown Ottawa and beyond a breeze. The proximity to transit options ensures that residents can easily access local amenities and attractions without the hassle of long drives. Whether you’re heading to work or exploring the city, you’ll appreciate the ease of transportation nearby. **FAMILY_SUMMARY:** This neighborhood is a haven for families, boasting a variety of reputable elementary schools within walking distance, including Garderie Tunney's Day Care and Saint-François-d'Assise Catholic Elementary School. The presence of numerous parks and recreational facilities provides ample opportunities for children to play, explore, and engage in community activities. Families will find a supportive environment where education and outdoor fun go hand in hand. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse array of dining options just a stone's throw away, including cozy cafes like Starbucks and Bridgehead, as well as a variety of restaurants such as La Bonita and Masakali. Whether you're in the mood for a quick bite, a casual coffee date, or a leisurely dinner, the local dining scene has something to satisfy every palate. You'll love the convenience of having such an array of options right at your doorstep. **OUTDOOR_RECREATION:** Outdoor enthusiasts will appreciate the close proximity to several parks, including Laroche Park and Armstrong Park, perfect for picnics, leisurely strolls, or active play. These green spaces offer a welcome escape for residents to enjoy nature and engage in recreational activities, from jogging to family outings. With trails and playgrounds nearby, there’s always something fun to do outdoors. **OVERALL_LIFESTYLE:** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

🚗Commuting

** Convenience is a hallmark of this location, with multiple bus stops just a short walk away, making commuting to downtown Ottawa and beyond a breeze. The proximity to transit options ensures that residents can easily access local amenities and attractions without the hassle of long drives. Whether you’re heading to work or exploring the city, you’ll appreciate the ease of transportation nearby. **FAMILY_SUMMARY:** This neighborhood is a haven for families, boasting a variety of reputable elementary schools within walking distance, including Garderie Tunney's Day Care and Saint-François-d'Assise Catholic Elementary School. The presence of numerous parks and recreational facilities provides ample opportunities for children to play, explore, and engage in community activities. Families will find a supportive environment where education and outdoor fun go hand in hand. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse array of dining options just a stone's throw away, including cozy cafes like Starbucks and Bridgehead, as well as a variety of restaurants such as La Bonita and Masakali. Whether you're in the mood for a quick bite, a casual coffee date, or a leisurely dinner, the local dining scene has something to satisfy every palate. You'll love the convenience of having such an array of options right at your doorstep. **OUTDOOR_RECREATION:** Outdoor enthusiasts will appreciate the close proximity to several parks, including Laroche Park and Armstrong Park, perfect for picnics, leisurely strolls, or active play. These green spaces offer a welcome escape for residents to enjoy nature and engage in recreational activities, from jogging to family outings. With trails and playgrounds nearby, there’s always something fun to do outdoors. **OVERALL_LIFESTYLE:** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

👨‍👩‍👧‍👦Family Living

** This neighborhood is a haven for families, boasting a variety of reputable elementary schools within walking distance, including Garderie Tunney's Day Care and Saint-François-d'Assise Catholic Elementary School. The presence of numerous parks and recreational facilities provides ample opportunities for children to play, explore, and engage in community activities. Families will find a supportive environment where education and outdoor fun go hand in hand. **DINING_ENTERTAINMENT:** Culinary enthusiasts will delight in the diverse array of dining options just a stone's throw away, including cozy cafes like Starbucks and Bridgehead, as well as a variety of restaurants such as La Bonita and Masakali. Whether you're in the mood for a quick bite, a casual coffee date, or a leisurely dinner, the local dining scene has something to satisfy every palate. You'll love the convenience of having such an array of options right at your doorstep. **OUTDOOR_RECREATION:** Outdoor enthusiasts will appreciate the close proximity to several parks, including Laroche Park and Armstrong Park, perfect for picnics, leisurely strolls, or active play. These green spaces offer a welcome escape for residents to enjoy nature and engage in recreational activities, from jogging to family outings. With trails and playgrounds nearby, there’s always something fun to do outdoors. **OVERALL_LIFESTYLE:** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

🍽️Dining & Entertainment

** Culinary enthusiasts will delight in the diverse array of dining options just a stone's throw away, including cozy cafes like Starbucks and Bridgehead, as well as a variety of restaurants such as La Bonita and Masakali. Whether you're in the mood for a quick bite, a casual coffee date, or a leisurely dinner, the local dining scene has something to satisfy every palate. You'll love the convenience of having such an array of options right at your doorstep. **OUTDOOR_RECREATION:** Outdoor enthusiasts will appreciate the close proximity to several parks, including Laroche Park and Armstrong Park, perfect for picnics, leisurely strolls, or active play. These green spaces offer a welcome escape for residents to enjoy nature and engage in recreational activities, from jogging to family outings. With trails and playgrounds nearby, there’s always something fun to do outdoors. **OVERALL_LIFESTYLE:** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

🌳Outdoor Recreation

** Outdoor enthusiasts will appreciate the close proximity to several parks, including Laroche Park and Armstrong Park, perfect for picnics, leisurely strolls, or active play. These green spaces offer a welcome escape for residents to enjoy nature and engage in recreational activities, from jogging to family outings. With trails and playgrounds nearby, there’s always something fun to do outdoors. **OVERALL_LIFESTYLE:** Living on Carruthers Avenue means embracing a balanced lifestyle that combines community spirit with urban accessibility. The neighborhood fosters a sense of belonging, where families can thrive and individuals can enjoy various amenities just a short stroll away. With its delightful mix of parks, schools, dining options, and convenient transit, this area is perfect for those seeking an enriching and fulfilling living experience in Ottawa.

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Other

Pharmacy

POI data updated 2/7/2026

Ottawa Market Snapshot

2,891

Active Listings

$663K

Median Price

0

Avg Days on Market

Last updated: Feb 6, 2026

Listed by

RE/MAX HALLMARK REALTY GROUP

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$1,090,000