124-126 Irving Avenue, West Centre Town, ON K1Y 1Z4
4203 - Hintonburg, West Centre Town · Near Irving and Gladstone · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 5716 sq ft
- Bathrooms
- 6
- Lot size
- 50 x 114.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Radiant
Garage & parking
- Driveway spaces
- 5
- Total parking
- 5
Taxes & other
- Property taxes
- $12,779/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Irving and Gladstone
- Neighbourhood
- 4203 - Hintonburg
More
- MLS® number
- X13838492
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
124-126 Irving Avenue, West Centre Town, ON K1Y 1Z4
4203 - Hintonburg, West Centre Town · Near Irving and Gladstone
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Listing history for 124-126 Irving Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 124-126 Irving Avenue
Answers come straight from this home’s MLS® listing.
How much is 124-126 Irving Avenue listed for, and what would it cost each month?
124-126 Irving Avenue is listed for $1,779,900. With 20% down ($355,980), the mortgage payment would be roughly $7,180 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,245 a month, all in. That figure is an illustration, not a quote.
Is 124-126 Irving Avenue freehold or a condo, and is there a monthly fee?
124-126 Irving Avenue is a investment in 4203 - Hintonburg, West Centre Town. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 124-126 Irving Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
What style of home is 124-126 Irving Avenue?
124-126 Irving Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 124-126 Irving Avenue, and what is the lot size?
The lot is listed as 50 x 114.4 ft.
How is 124-126 Irving Avenue heated and cooled?
Heating is radiant. The listing does not show air conditioning.
What are the property taxes for 124-126 Irving Avenue?
Property taxes are $12,779 a year (2026), or about $1,065 a month.
Where is 124-126 Irving Avenue?
124-126 Irving Avenue is in the 4203 - Hintonburg community of West Centre Town. The nearest main intersection is Irving and Gladstone. The postal code is K1Y 1Z4.
Is 124-126 Irving Avenue still for sale?
Yes. It is an active listing (MLS® X13838492). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 124-126 Irving Avenue asking?
Similar properties for sale nearby right now include 124-126 Irving Avenue at $1,779,900 (10 bed), 66 Pinhey Street at $1,825,000 and 202 Rochester Street at $1,550,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 124-126 Irving Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 124-126 Irving Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4203 - Hintonburg, picked by style, size and price.
Multiplex$1,779,900124-126 Irving Avenue, West Centre Town10 bed · 6 bath · 4203 - HintonburgCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →
Investment$1,825,00066 Pinhey Street, West Centre Town4202 - HintonburgCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Investment$1,550,000202 Rochester Street, West Centre Town4205 - West Centre TownCourtesy of: EXP REALTYView home →Courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.