566 Kirkwood Avenue, Ottawa, Ontario K1Z5X4

Listing courtesy of EXP REALTY.

$749,900
4
BD
2
BA

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List Price
$749,900
Price Change
▼ $40,000 1777369773
MLS®
X12948418
Days on Market
118
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
2
Lot Size Dimensions
45 x 66 FT
Subdivision
5003 - Westboro/Hampton Park

Property Description

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:5764)

Additional Information

Garage
Yes
Subdivision
5003 - Westboro/Hampton Park
Parking Spaces
3
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Guest Suite, In-Law Suite
Stories
1.5

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Calculator source: Real Geeks