For Sale - 824 Kirkwood Avenue, Carlington - Central Park, Ontario

Est payment $9,580/mo
Views   3
Time on Jump  12 day
  • Well-kept 6-unit multifamily building with proven cash flow.
  • Mix of renovated 2-bed and 1-bed suites for diverse tenants.
  • Includes garages, surface spaces, and coin-operated laundry for convenience.
  • Close to popular neighborhoods and quick access to downtown and schools.
  • Potential for increased income through upgrades and future development opportunities.



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.
Listing IDX13483634
Address824 Kirkwood Avenue
CityCarlington - Central Park, Ontario
Price$1,995,000
Bed / Bath10 / 6 Full
Style3-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer
Parking 12.00
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Listing Agency:  GRAPE VINE REALTY INC.

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824 Kirkwood Avenue
Carlington - Central Park , Ontario
10 6 $1,995,000
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