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824 Kirkwood Avenue, Carlington - Central Park, ON K1Z 5Y2
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824 Kirkwood Avenue, Carlington - Central Park, ON K1Z 5Y2
Carlington - Central Park , K1Z 5Y2
$1,995,000.00
10 Bedrooms 6 Bathrooms Residential Freehold
Property Details
MLS Number X13483634
Property Type Residential Freehold
City Carlington - Central Park
City Region 5301 - Carlington
Postal Code K1Z 5Y2
Cross Street Carling / Kirkwood
Street Number 824
Street Name Kirkwood
Lot Width 83 ft
Lot Depth 109 ft
Bedrooms 10
Bathrooms 6
Annual Tax $11,281.15
Sewer Sewer
Occupant Type Tenant
Description
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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