"Live beautifully while your investment works for you. " A Rare Westboro / Hampton Park Triplex Opportunity this purpose-built brick triplex offers an exceptional investment opportunity in one of Ottawa's strongest rental markets. With stable income, quality tenants, and future upside potential, this is an ideal long-term hold in a premier urban location. "Live-In Investment Opportunity" The property features three spacious approximately 850 sq. ft. apartments with layouts that continue to attract quality tenants. Timeless character with modern updates: Built in the classic style of the 1950s, the units offer large principal rooms, separate dining rooms, original oak strip hardwood flooring, abundant natural light, and solid brick construction rarely found in newer buildings. All units have been meticulously maintained and updated over time. Renovated kitchens include modern cabinetry, updated fixtures and appliances, pantry storage, and space for breakfast seating. Bathrooms have also been updated while preserving the building's original character. Separate dining rooms provide flexibility for home offices or additional living space, further enhancing tenant appeal. Capital improvements and operational features include a newer boiler system, updated vinyl windows, separate hydro panels for each unit, sensor-controlled heating, shared tenant laundry, separate front and rear staircases, and three on-site parking spaces. The private fenced rear yard further adds to tenant desirability. Ideally located within walking distance to Richmond Road, Hampton Park Plaza, rapid transit, parks, restaurants, and shopping, the property benefits from consistently strong rental demand. Current gross annual income: $66,048 with potential for future rental growth and possible expansion opportunities under Ottawa's evolving intensification policies. A rare opportunity to acquire a well-maintained multi-unit asset in one of Ottawa's most sought-after neighbourhoods. 24 hour notice require (id:51075)
Multi-familyProperty Type
3 spacesParking
Listed by Mark Christie• CENTURY 21 GOLDLEAF REALTY INC.
Listed by Lucas Lawson• CENTURY 21 GOLDLEAF REALTY INC.
Unit layout includes separate living, dining and kitchen spaces on each level
Bedrooms
Bedrooms on second level (one approx. 4 m x 3.2 m; one approx. 3.3 m x 3.2 m)
Bedrooms on third level (one approx. 4 m x 3.2 m; one approx. 3.3 m x 3.2 m)
Bedrooms on lower level (one approx. 4 m x 3.2 m)
Bathrooms
Three total bathrooms (each approx. 3 m x 2.1 m) located on second, third and third/lower levels as indicated
Kitchen
Kitchens on second, third and lower levels (each approx. 3.8 m x 3.2 m)
Heating & cooling
Natural gas heating
Window air conditioner units
Exterior features
Fenced yard
Frontage approximately 42 (units not specified)
Home design
Three-level building
Parking
Three parking spaces
Utilities
Sanitary sewer
Sale and tax history for 543 Kirkwood Ave
Sale History
Tax History
Date
Event
Price
TREB #X9516928
Aug 12, 2024
Listed
$1,399,000
+17
Flooring: Tile, Flooring: Hardwood, This purpose built triplex has been well maintained and updated. There are 2 x 2 bedroom and 1 x 1 bedroom apartments, all with hardwood floors, period mouldings and painted in neutral tones. All three apartments have a large separate dining room with large south facing windows. There is laundry (free to Tenants) and three parking spaces behind the fenced in, private yard (included in lease). The building has separate front and back staircases, a private fenced in yard and room at the back for potential expansion should a new buyer choose to add units. Located a short walk to the Hampton Park Mall, Westboro shops and rapid transit this location rents well to quality tenants. There is also development potential in the deep rear yard. Showing days and times: Saturday 9-6, Sunday 2-4, Monday 2-6, Tuesday 10-2. 24 hour minimum for all appointments and 24 hour irrevocable on all offers.
TREB #X9446097
Aug 12, 2024
Listed
$1,399,000
As the MLS and public records start to fill up, we'll list the details here.