For Sale Multi-Family

574 Byron Avenue

$2,250,000 Est. $9,963/mo ↓

Ottawa, Ontario K2A 0E4

8 Bedrooms
8 Bathrooms
3,500 - 5,000 sqft Interior
2 Parking spaces
33 X 100 Ft Lot size
1 day ago Listed
Virtual tour Central Air Conditioning, Wall Unit Forced Air, Radiant Heat

About this home

Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $128,628. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa's most sought-after neighbourhoods. (id:28469)

Facts & features

Property

MLS® Number
X13886316
Property Type
Multi-family
Community Name
5104 - McKellar/Highland
Features
Lane, Carpet Free
Parking Space Total
2

Building

Bathroom Total
8
Bedrooms Above Ground
6
Bedrooms Below Ground
2
Bedrooms Total
8
Amenities
Separate Electricity Meters
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
Central Air Conditioning, Wall Unit
Exterior Finish
Brick, Vinyl Siding
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air, Radiant Heat
Stories Total
3
Size Interior
3,500 - 5,000 Sqft
Type
Fourplex
Utility Water
Municipal Water

Parking

No Garage
—

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft
Size Frontage
33 Ft
Size Irregular
33 X 100 Ft
Size Total Text
33 X 100 Ft
Zoning Description
R3r

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$9,963/mo
Ontario land transfer tax
$42,725 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The McKellar/Highland market

17 Active listings
$1,175,000 Median asking price
91% above median This home
16 days Avg. time on market
Browse all McKellar/Highland listings →

Location

574 Byron Avenue, Ottawa, Ontario K2A 0E4  ·  Get directions

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