For Sale Multi-Family

574 Byron Avenue

$2,250,000 Est. $9,963/mo ↓

Ottawa, Ontario K2A 0E4

8 Bedrooms
8 Bathrooms
4,105 sqft Interior
2 Parking spaces
Bldg=32.99 X 100 Ft Lot size
7 days ago Listed
Virtual tour Fully Air Conditioned Other

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)

Business

Business Type Residential
Business Sub Type Apartments

Facts & features

Property

MLS® Number
X14092788
Property Type
Multi-family
Community Name
5104 - McKellar/Highland
Amenities Near By
Public Transit, Recreation
Parking Space Total
2

Building

Bathroom Total
8
Bedrooms Total
8
Age
6 To 15 Years
Appliances
Dishwasher, Dryer, Hood Fan, Washer
Cooling Type
Fully Air Conditioned
Heating Type
Other
Size Exterior
4105 Sqft
Size Interior
4,105 Sqft
Type
Multi-family
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Public Transit, Recreation
Size Depth
100 Ft
Size Frontage
32 Ft ,11 In
Size Irregular
Bldg=32.99 X 100 Ft
Size Total Text
Bldg=32.99 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

22 Active listings
$1,147,450 Median asking price
96% above median This home
17 days Avg. time on market
Browse all McKellar/Highland listings →

Location

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

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