Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

824 Kirkwood Avenue Ottawa, Ontario K1Z 5Y2

10 Bedroom 6 Bathroom 3,500 - 5,000 sqft

$1,995,000

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. (id:67947)

Property Details

MLS® Number X13483634
Property Type Multi-family
Community Name 5301 - Carlington
Features Irregular Lot Size
Parking Space Total 12

Building

Bathroom Total 6
Bedrooms Above Ground 8
Bedrooms Below Ground 2
Bedrooms Total 10
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Type Full
Exterior Finish Brick
Foundation Type Concrete
Heating Fuel Natural Gas
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
Type Other
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 109 Ft
Size Frontage 83 Ft
Size Irregular 83 X 109 Ft
Size Total Text 83 X 109 Ft

https://www.realtor.ca/real-estate/29946634/824-kirkwood-avenue-ottawa-5301-carlington

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Ryan Rogers, Grape Vine Realty Inc.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.