



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$2,250,000
Ottawa
574 Byron Avenue, Ottawa, Ontario, K2A0E4
This multi-family property in Ottawa is for sale offering roughly 4,250 sq ft of space. It has been on the market 23 days, fresher than the Ottawa average of 62 days.
Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $127,548. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa's most sought-after neighbourhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 62 days across the listings currently for sale in this city
This 8-bed multi-family in Ottawa has been listed for 23 days, which is 39 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,250,000, about 21.4× the local median household income of $105,000.
Carrying it typically needs a household income of about $439,504 (20% down, 25-yr amortization, stress-tested) — roughly 319% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice