Hintonburg, situated just west of Ottawa’s downtown core, is a revitalized historic neighborhood brimming with charm and character. Originally renowned for its industrial development, Hintonburg has managed to retain its industrial roots while undergoing a transformation into a vibrant urban community.
Neighbourhood(s)
Covering west of Preston Street to Holland Avenue, from Highway 417 to Scott Street, Hintonburg encompasses a diverse array of homes and condos. The neighborhood’s central location and proximity to Ottawa’s primary O-Train station make it a convenient and accessible area for residents.
Infrastructure
Hintonburg boasts a plethora of shops, amenities, and services within walking distance of its homes and condos. Residents enjoy easy access to English and French schools, the Rosemount Public Library, and a thriving community center. The neighborhood is also home to Ottawa’s art district Le quartier des artistes (known locally as QUAD), showcasing a blend of heritage, cultural expression, and community spirit.
Real Estate Options
With its mix of historic and modern residences, Hintonburg offers a variety of housing options to suit different preferences and lifestyles. From charming heritage homes to contemporary condominiums, the neighborhood caters to individuals seeking a dynamic, artistic living environment.
Housing Prices
While specific housing price data may vary, Hintonburg’s real estate market reflects its desirability and urban appeal. The neighborhood’s diverse housing stock and convenient location contribute to its popularity among homebuyers. With access to amenities, cultural attractions, and green spaces, Hintonburg remains a sought-after destination for those looking to experience the vibrant spirit of urban living.
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. (id:2493)