824 KIRKWOOD AVENUE, Ottawa
$1,995,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 10 bedrooms, 6 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13483634
- Neighbourhood
- 5301 - Carlington
Description: Turn-key 6-unit multifamily in west-central Ottawa - a well-kept, purpose-built brick low-rise with durable cash flow and upside. Mix of four 2-bed/1-bath suites and two 1-bed/1-bath, many renovated with updated finishes.Approx. $128,040 gross income and projected NOI near $100,700 - a 5.05% cap rate at $1,995,000. Includes 3 garages, 9 surface spaces, 6 interior lockers, and coin operated laundry. Recent capital work: pavement (2024), front door (2023), foundation sealing (2018), windows (2018), boiler and roof (2015). Professionally managed by Easy Street Services. Steps from Westboro, Hintonburg and Wellington West, with quick access to the Civic Hospital, downtown, Carleton University, Algonquin College and the rest of Ottawa through the nearby highway 417. Potential upside through turnover, suite upgrades, and storage income; CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Limitations to showings: 9:30 am to 2 pm Tuesday and Thursday, 9 am to 3 pm Monday, Wednesday, Friday, Saturday, Sunday. Some photos virtually staged.
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $649,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $649,000
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 11%
Based on 2,342 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 824 KIRKWOOD AVENUE
$2,575,000
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Multiplex8611 #'S1-3; 13 #'S 1-3 - 11&13 ACACIA AVENUE, 3302 - Lindenlea, Ottawa
$1,990,000
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Multiplex842,500–3,000 sqft294 DONALD STREET, 3502 - Overbrook/Castle Heights, Ottawa
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Detached463,500–5,000 sqft23 DAVIDSON DRIVE, 2101 - Rothwell Heights, Ottawa
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Detached332,000–2,500 sqft3125 TORWOOD DRIVE, 9304 - Dunrobin Shores, Ottawa
$1,999,900
Detached6+153,000–3,500 sqft58 IRONSIDE COURT, 9007 - Kanata - Kanata Lakes/Heritage Hills, Ottawa