831 Kirkwood Avenue

Introducing a remarkable investment opportunity with a **Multi-Family Home for sale in Ottawa ** located at 831 Kirkwood Avenue, Ottawa. This exceptional property is situated in the heart of the Carlington community, specifically in the 5301 - Carlington area, making it a prime choice for those seeking a solid addition to their investment portfolio. The building is a well-constructed 3-storey multiplex, boasting a robust brick exterior that not only enhances its aesthetic appeal but also ensures durability.

This **Multi-Family Home for sale in Ottawa** comprises a total of 10 bedrooms, distributed across six rental units. Specifically, the property features two 1-bedroom units and four 2-bedroom units, catering to a diverse range of tenants. The total number of rooms within the building is 22, providing ample space for residents. Each unit is unfurnished, allowing tenants the freedom to personalise their living spaces according to their preferences. Additionally, the property includes six bathrooms, ensuring convenience for all occupants.

Located at 831 Kirkwood Avenue, Ottawa, this multiplex offers an impressive annual income of $105,120, with total annual expenses amounting to $31,200. This results in a net operating income (NOI) of $73,920, making it an attractive investment for both first-time and seasoned investors. Tenants are responsible for their own hydro, which significantly helps in keeping the operating costs low. Furthermore, the property features a coin-operated laundry facility, adding to the convenience for tenants and enhancing the overall appeal of the property.

Parking is not an issue with this **Multi-Family Home for sale in Ottawa**, as it includes a total of six parking spaces, three of which are in a detached garage. This is a significant advantage, particularly in urban settings where parking can often be a challenge. The lot measures an impressive 85 x 115 feet, providing ample outdoor space for potential landscaping or other enhancements.

While the property does not feature air conditioning, a swimming pool, or a fireplace, it is equipped with municipal water and sewer services, ensuring reliable utility access for all residents. The heating system is water-based, which is efficient and effective for maintaining comfort during the colder months. Additionally, the absence of a central vacuum system and family room does not detract from the property's overall functionality, as it is designed to meet the needs of its tenants without unnecessary frills.

The location of 831 Kirkwood Avenue, Ottawa, is another highlight of this **Multi-Family Home for sale in Ottawa**. The property enjoys convenient access to public transit, schools, shopping centres, and other essential amenities, making it an ideal residence for families and professionals alike. The Carlington area is known for its vibrant community and high demand for rental properties, which bodes well for the future appreciation of this investment.

In conclusion, this **Multi-Family Home for sale in Ottawa** at 831 Kirkwood Avenue, Ottawa, presents a unique opportunity for investors looking to capitalise on a fully occupied multiplex in a desirable location. With its solid income potential, well-maintained structure, and strategic positioning within the community, this property is not to be overlooked. Whether you are a first-time investor or a seasoned professional, this multiplex offers a compelling case for investment. Don't miss your chance to secure this exceptional property and enhance your investment portfolio today.

Carlington, located in the vibrant city of Ottawa, is a charming residential neighbourhood that offers a delightful blend of suburban tranquillity and urban convenience. Nestled between the bustling areas of Westboro and Carlingwood, Carlington is characterised by its tree-lined streets, diverse housing options, and a strong sense of community spirit. The area boasts several parks and green spaces, perfect for outdoor activities and leisurely strolls. With easy access to public transport and nearby amenities, including shops, schools, and healthcare facilities, Carlington provides a comfortable and welcoming environment for families and individuals alike. Its proximity to downtown Ottawa ensures that residents can enjoy the best of both worlds—peaceful living with the excitement of city life just a stone's throw away.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Just 0.2 km away is St. Elizabeth School, a Catholic elementary school offering English instruction for grades JK to 6, with a solid rating of 5.1. W.E. Gowling Public School, located 0.6 km from the property, provides both English and French education for grades JK to 6, with a rating of 4.1. Broadview Avenue Public School, situated 1.5 km away, serves grades JK to 8 in both English and French, boasting a higher rating of 7.3. For secondary education, Nepean High School, 1.6 km from the property, offers grades 9 to 12 with an impressive rating of 8.2. Additionally, Notre Dame High School, a Catholic institution 1.5 km away, caters to grades 7 to 12 and has a rating of 5.4. The proximity to these diverse educational options, along with their commendable ratings, underscores the appeal of this location for families prioritizing quality education for their children.