566 Kirkwood Avenue, Ottawa - Multi-family for Sale

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. (id:66096)

Nearby Places