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879 Kirkwood Av
Ottawa, ON K1Z 5Y3
Multifamily Property For Sale
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6 Units
Investment Highlights
- Situated in an established urban area with significant redevelopment upside.
- Strategic proximity to Highway 417, key shopping centers, and Westboro community amenities.
- Located along Kirkwood Avenue with direct OC Transpo bus stop accessibility.
Executive Summary
Unique opportunity to own a centrally-located investment property. Fully rented 6 unit building (2-1 bedroom and 4-2 bedroom units) with great tenants. Quick access to 417 and short proximity to Westgate and Carlingwood shopping centres, Westboro, several grocery stores and other amenities, parks and schools. OC Transpo bus stop directly in front of building. 873 Kirkwood Ave. also for sale. Together they offer 172.60ft of frontage on Kirkwood. Great future development opportunity! Minimum 48hrs notice required for showings. This building is also available for sale together with 873 Kirkwood Av for $2,998,000.
Property Facts Under Contract
| Price Per Unit | $175,951 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 4.78% | Building Size | 4,200 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R4UC R4UC - Residential | ||
| Price Per Unit | $175,951 USD |
| Sale Type | Investment |
| Cap Rate | 4.78% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,200 SF |
| No. Stories | 3 |
| Year Built | 1953 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R4UC R4UC - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
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