$2,250,000
Available - For Sale
Listing ID: X14092788
574 Byron Avenue , Carlingwood - Westboro and Area, K2A 0E4, Ottawa
| Exceptional Purpose-Built Fourplex in Sought-After Westboro. An outstanding opportunity to own a custom-built, three-storey fourplex in the highly desirable, walkable community of Westboro. Offering over 4,000 square feet above grade and built in 2018, this impressive income property combines quality construction, upscale finishes, and exceptional investment potential. Each luxury two-bedroom, two-bathroom unit features a bright, open-concept layout, ensuite bathrooms, in-unit laundry, quartz countertops, and high-quality finishes throughout. Spacious private balconies enhance the above-grade units. Separate heating and hydro help streamline utility management. Ideal for investors, owner-occupiers, or multi-generational families, this versatile property offers the opportunity to live in one unit while generating rental income from the remaining three, or to maximize its potential as a pure investment property. Annual rental income of $128,628. Two parking spaces are located at the rear. Walkable amenities, shops, restaurants, and convenient access to transit, this is a rare opportunity to acquire a substantial, high-quality multi-unit property in one of Ottawa's most sought-after neighbourhoods |
| Price | $2,250,000 |
| Taxes: | $16651.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 574 Byron Avenue , Carlingwood - Westboro and Area, K2A 0E4, Ottawa |
| Postal Code: | K2A 0E4 |
| Province/State: | Ottawa |
| Legal Description: | PART LOT 17, PLAN 204, SOUTH SIDE OF BYR |
| Directions/Cross Streets: | Roosevelt |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 4105.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 6-15 |
| Water Expense: | $1560 |
| Net Income Before Debt: | $103640 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 8 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE PERFORMANCE REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Carlingwood - Westboro and Area |
| Neighbourhood: | 5104 - McKellar/Highland |
| Approximate Age: | 6-15 |
| Tax: | $16,651 |
| Baths: | 8 |
| Fireplace: | N |
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