824 KIRKWOOD AVENUE
Ottawa, Ontario
MLS® X13483634
$1,995,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13483634
- Bedrooms
- 10
- Bathrooms
- 6
- Year built
- —
1 / 14Listing description
Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes. Approx.
$128,040 gross income and projected NOI near $100,700 - a 5. 05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry.
Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417.
Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday.
Some photos virtually staged.
Property summary
- MLS® number
- X13483634
- Property type
- Multi-family
- Building type
- Other
- Land size
- 83 x 109 FT
- Annual property taxes
- $11,281.15
- Parking
- 12 spaces · Detached Garage, Garage
- Days on market
- 69 days
Features & details
- Heating
- Natural gas
- Basement
- Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Exterior features
- Brick
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of GRAPE VINE REALTY INC., PORTLAND.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.