$659,000

For sale

560 Kirkwood Avenue, Ottawa - Single Family for Sale

560 Kirkwood Avenue, Ottawa, Ontario, K1Z5X4

3 beds2 baths2 parking900 ft²45 × 66 ft (2,970 sq ft) lot sizeListed 10 days ago

Overview

This 3-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space. Listed at $659,000, it is attractively priced about 12% below the $749,900 median asking price in Ottawa. It has been on the market 10 days, fresher than the Ottawa average of 63 days.

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Description

**LOCATION, POTENTIAL & OPPORTUNITY!** Welcome to 560 Kirkwood Avenue, situated in the highly desirable Westboro neighbourhood. Sitting on a 45 x 66 ft lot, this property offers an exciting opportunity for homeowners, investors, and developers. Under Ottawa's new zoning by-law,CM1 zoning opens the door to a variety of potential residential and commercial uses, including retail, professional offices, wellness studios, medical facilities, multi-unit residential development, or mixed-use buildings with commercial space on the ground floor and residential units above. For buyers looking to make this property their own, with a main-floor primary bedroom and full bathroom, the home offers the convenience of bungalow-style living, with two additional bedrooms on the second floor. Whether you're looking to renovate, invest, or explore future development possibilities, this property offers flexibility. Bring your vision and discover the potential! Property is being sold as-is where-is. (id:66096)

Property Details

MLS®: X14119006
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 45 × 66 ft (2,970 sq ft)
Frontage: 45 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,592/yr
Listed

Rooms

Main level

Dining room: 3.96 x 3.48 meters
Kitchen: 3.96 x 3.43 meters
Living room: 2.82 x 3.02 meters
Primary Bedroom: 2.85 x 3.45 meters

Second level

Bedroom 2: 3.05 x 3.18 meters
Bedroom 3: 2.85 x 3.18 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Wood
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Ottawa listings, avg age

63d

Price / ft²

$732

List price

$659K

Haho

This 3-bed single family in Ottawa has been listed for 10 days, which is 53 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Dan Li

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1Z)

This home lists at $659,000, about 8.6× the local median household income of $77,000.

Carrying it typically needs a household income of about $128,726 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.

Median household income: $77,000
Population: 22,714
Median age: 38.4
Owner / renter: 37% / 63%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1Z)

$659,000· $732/ft²

For sale

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Full Cost Breakdown

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Down Payment6.21% · $40,900

Min 6.21%50%

Mortgage payment$3,427/mo

↳ CMHC premium ($24,724 capitalized)

Property tax (est.)$383/mo

Total monthly$3,810

Cash Needed to Close

Down payment (6.21%)$40,900

Land transfer tax$9,655

Est. closing costs$4,477

Total cash needed$55,032

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