Listed for:Listed 22 days ago
$1,779,900

124-126 Irving Avenue

Ottawa (Hintonburg), ON K1Y 1Z4

Multiplex For Sale
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Sale & Price History for 124-126 Irving Avenue, Ottawa, Hintonburg

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 124-126 Irving Avenue, Ottawa, Hintonburg

Summarized Description

  • Impressive three-storey red-brick building in Hintonburg
  • Hardwood floors and high ceilings throughout
  • Large west-facing patios for outdoor living
  • Significant updates to electrical and plumbing systems
  • Strong CAP rate of 5.24% with potential for growth
  • Exceptional central location near shops and transit
  • Well-maintained with fantastic tenants in place
  • Available Fire Code Compliance Certificate for buyer

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,779
Land Transfer Tax Fee
$32,073

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Carpet Free, Storage
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
114.36 ft

Inclusions

Inclusions
6 fridges, 6 stoves, coin-op washer and dryer

Exclusions

Exclusions
tenant belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
10
Washrooms
6
Kitchens
6

Washrooms

  • 4-piece

Municipality
Ottawa
Neighbourhood
Hintonburg
Main cross streets
Irving and Gladstone
Directions
From Wellington Street West, head south

MLS® number
X13838414
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-29
Updated on
2026-09-30
Days on market
22 days
Possession type
Flexible
Co-op commission
2.0%
Seller
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for 124-126 Irving Avenue, Ottawa, Hintonburg, Ottawa, ON. Listed for $1,779,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 124-126 Irving Avenue, Ottawa, Hintonburg

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Ottawa, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$355,980

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,423,920$1,334,925$1,245,930$1,156,935
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,952monthly$6,518monthly$6,083monthly$5,649monthly
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Land Transfer Tax

Provincial

$32,073

Total Land Transfer Tax

$32,073

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