543 Kirkwood Avenue, Ottawa, Ontario K1Z5X2

Property Description

"Live beautifully while your investment works for you." A Rare Westboro / Hampton Park Triplex Opportunity this purpose-built brick triplex offers an exceptional investment opportunity in one of Ottawa's strongest rental markets. With stable income, quality tenants, and future upside potential, this is an ideal long-term hold in a premier urban location. "Live-In Investment Opportunity" The property features three spacious approximately 850 sq. ft. apartments with layouts that continue to attract quality tenants. Timeless character with modern updates: Built in the classic style of the 1950s, the units offer large principal rooms, separate dining rooms, original oak strip hardwood flooring, abundant natural light, and solid brick construction rarely found in newer buildings.All units have been meticulously maintained and updated over time. Renovated kitchens include modern cabinetry, updated fixtures and appliances, pantry storage, and space for breakfast seating. Bathrooms have also been updated while preserving the building's original character. Separate dining rooms provide flexibility for home offices or additional living space, further enhancing tenant appeal.Capital improvements and operational features include a newer boiler system, updated vinyl windows, separate hydro panels for each unit, sensor-controlled heating, shared tenant laundry, separate front and rear staircases, and three on-site parking spaces. The private fenced rear yard further adds to tenant desirability.Ideally located within walking distance to Richmond Road, Hampton Park Plaza, rapid transit, parks, restaurants, and shopping, the property benefits from consistently strong rental demand.Current gross annual income: $66,048 with potential for future rental growth and possible expansion opportunities under Ottawa's evolving intensification policies. A rare opportunity to acquire a well-maintained multi-unit asset in one of Ottawa's most sought-after neighbourhoods.24 hour notice require (id:5764)