873 Kirkwood Avenue

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Ottawa , located at 873 Kirkwood Avenue, Ottawa. This unique property boasts a prime location in the Carlington community, making it an ideal choice for anyone wanting to tap into the rental market. With a building type classified as a multiplex and a stylish three-storey design, this property is sure to catch your eye.

The property at 873 Kirkwood Avenue, Ottawa, features a total of 20 rooms, including an impressive eight bedrooms and two dens. This layout is perfect for accommodating multiple tenants, with a total of six fully rented units comprising two one-bedroom flats and four two-bedroom flats. Each unit is designed to provide comfort and functionality, making this Multi-Family Home for sale in Ottawa a desirable option for renters. Although the property is unfurnished, it allows tenants to personalise their living spaces according to their own tastes.

One of the standout features of this property is its four kitchens, including an additional two kitchens that cater to the needs of the tenants. This is particularly advantageous for a multi-family setup, ensuring that everyone has ample cooking facilities. The property also includes six bathrooms, which is a significant plus for a building of this size, helping to alleviate any morning rush hour chaos among tenants.

At 873 Kirkwood Avenue, Ottawa, you’ll find that there’s no shortage of amenities in the surrounding area. The location offers quick access to the 417 highway, making commuting a breeze. Just a stone’s throw away are the Westgate and Carlingwood shopping centres, where you can find a variety of shops and services. Additionally, there are several grocery stores, parks, and schools in close proximity, making it a convenient spot for families and individuals alike. For those who rely on public transport, the OC Transpo bus stop is conveniently located directly in front of the building, adding to the appeal of this Multi-Family Home for sale in Ottawa.

While the property does not come with a pool or a fireplace, it does feature a forced air heating system, ensuring that tenants stay warm during the colder months. However, it’s worth noting that there is no air conditioning, which might be something to consider for potential tenants during the summer heat. The lot size is a generous 86 x 115 feet, providing ample outdoor space, although there is no garage or driveway associated with the property. Nevertheless, there is parking available for up to ten vehicles, which is a significant advantage for a multi-family home.

The basement of this property is classified as 'other', providing additional space that could be utilised for storage or other purposes. While there are no additional land parcels included with the sale, the property itself is a great investment opportunity, especially considering the potential for future development. The neighbouring property at 879 Kirkwood Avenue is also for sale, and together, they offer an impressive 172.60 feet of frontage on Kirkwood Avenue, which could be an attractive prospect for developers looking to expand.

In summary, this Multi-Family Home for sale in Ottawa at 873 Kirkwood Avenue, Ottawa, presents a unique chance to invest in a well-located property with solid rental income. With its eight bedrooms, six bathrooms, and multiple kitchens, it’s perfectly set up for a multi-family living arrangement. Don’t miss out on this opportunity to own a piece of real estate in a thriving community. Whether you’re an experienced investor or looking to enter the property market, this home has a lot to offer!

Carlington, located in the heart of Ottawa, is a charming and diverse neighbourhood that offers a unique blend of suburban tranquillity and urban convenience. Characterised by its leafy streets and a mix of residential homes, Carlington is well-connected to the city centre, making it an ideal spot for those who appreciate both nature and city life. The area boasts several parks, including the expansive Carlington Park, perfect for leisurely strolls or family outings. With a variety of local shops, schools, and community services nearby, residents enjoy a welcoming atmosphere that fosters a sense of belonging. Whether you're seeking a peaceful retreat or easy access to the vibrant culture of Ottawa, Carlington provides a delightful setting for your new home.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, providing a range of options for families. The closest school, St. Elizabeth School, is a Catholic elementary school located just 0.1 km away, offering grades JK to 6 with a commendable school rating of 4.2. W.E. Gowling Public School, another elementary option, is only 0.6 km away and provides both English and French language programs for grades JK to 6, though it has a lower rating of 2.3. Broadview Avenue Public School, located 1.6 km from the property, offers a strong academic program for grades JK to 8, with a notable rating of 7.3. For secondary education, Nepean High School, 1.7 km away, boasts an impressive rating of 8.1, catering to grades 9 to 12. Additionally, Notre Dame High School, a Catholic institution located 1.5 km away, serves grades 7 to 12 and has a rating of 5.3. With a variety of public and Catholic schools nearby, this property is an excellent choice for families seeking quality education options within a convenient distance.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 489 residents and an average household size of 2.1. The average age of residents is 45.2 years, indicating a mature population. The average household income stands at $93,000, with 14.4% of the population classified as low-income. The real estate market reflects an average home price of $620,000, highlighting a relatively affluent area. Approximately 47.62% of the population is single, while 33.33% of households include children, suggesting a mix of family structures. The community is diverse, with 23.15% of residents being immigrants. Renters make up 43.48% of the population, and there are no condominiums available, indicating a preference for other housing types. Education levels are high, with 70.21% of residents holding a college or university degree. However, a significant portion of the population, 35.11%, is not in the labor force, which may reflect various socio-economic factors. Overall, this area combines a blend of educational attainment, diverse demographics, and a stable housing market, making it an intriguing option for potential buyers or investors.