HomeProperty ListingProperty Details

566 KIRKWOOD AVENUE, Ottawa

For Sale

4 Bed · 2 Bath · Multi-family · MLS® X12948418

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$749,900
1/31
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Overview
Bedrooms
4
Bathrooms
2
Type
Multi-Family
Stories
2
Status
Active
Property Tax
$5,100.82/yr

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.

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Location

566 KIRKWOOD AVENUE

Ottawa, Ontario K1Z5X4

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$3791.90