824 Kirkwood Avenue Ottawa, Ontario K1Z 5Y2
$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:37553)
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 Ft2 |
| 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
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June 24 2026 03:26:30
Ottawa Real Estate Board
Grape Vine Realty Inc.