For Sale Multi-Family

566 Kirkwood Avenue

$749,900
Ottawa, Ontario K1Z 5X4 MLS® X12948418
4 Bedrooms
2 Bathrooms
1,500 - 2,000 sqft Interior
3 Parking spaces
45 X 66 Ft Lot size
Central Air Conditioning Forced Air

About this home

Unlock the potential of this exceptional income-generating property in one of Ottawa's most desirable neighbourhoods. Offering two fully self-contained living spaces, this detached home is a rare opportunity for investors seeking strong cash flow and long-term upside.The main level features a bright and spacious 2-bedroom + den layout with an open-concept living and dining area, oversized windows, and a full 4-piece bath. The well-appointed kitchen, complete with a gas stove, opens to a private, inviting backyard-perfect for owner-occupancy or stable long-term rental income.A separate side entrance leads to the upper level, which includes two additional bedrooms, a full bath, and a complete kitchen. Currently operating as a turnkey Airbnb with professional property management available, this unit offers immediate, hassle-free short-term rental income. With a strong 5.5% cap rate and multiple revenue streams already in place, this property is built for performance. Additional highlights include a detached garage, parking for two vehicles, and highly flexible zoning that allows for a future triplex-maximizing both current returns and future development potential.Ideally located close to shops, hospitals, parks, and transit, this is a strategic investment opportunity combining cash flow, versatility, and long-term growth. (id:28469)

Facts & features

Property

MLS® Number
X12948418
Property Type
Multi-family
Neighbourhood
Hampton Park
Community Name
5003 - Westboro/Hampton Park
Equipment Type
Water Heater
Features
Guest Suite, In-law Suite
Parking Space Total
3
Rental Equipment Type
Water Heater

Building

Bathroom Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Appliances
Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development
Unfinished
Basement Type
Full (unfinished)
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

Detached Garage
Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
66 Ft
Size Frontage
45 Ft
Size Irregular
45 X 66 Ft
Size Total Text
45 X 66 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.

Location

566 Kirkwood Avenue, Ottawa, Ontario K1Z 5X4  ·  Get directions