Unlock the potential of this exceptional income-generating property in one of Ottawa's most desirable neighbourhoods. Offering two fully self-contained living spaces, this detached home is a rare opportunity for investors seeking strong cash flow and long-term upside.The main level features a bright and spacious 2-bedroom + den layout with an open-concept living and dining area, oversized windows, and a full 4-piece bath. The well-appointed kitchen, complete with a gas stove, opens to a private, inviting backyard-perfect for owner-occupancy or stable long-term rental income.A separate side entrance leads to the upper level, which includes two additional bedrooms, a full bath, and a complete kitchen. Currently operating as a turnkey Airbnb with professional property management available, this unit offers immediate, hassle-free short-term rental income. With a strong 5.5% cap rate and multiple revenue streams already in place, this property is built for performance. Additional highlights include a detached garage, parking for two vehicles, and highly flexible zoning that allows for a future triplex-maximizing both current returns and future development potential.Ideally located close to shops, hospitals, parks, and transit, this is a strategic investment opportunity combining cash flow, versatility, and long-term growth.
Address
566 Kirkwood Avenue
List Price
$789,900
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Westboro - Hampton Park
Sub-Area
5003 - Westboro/Hampton Park
Region
Ottawa
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
10
Rooms Below Grade
2
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
66
Lot Size Units
Feet
Lot Width
45
Parcel Number
040240208
Occupant Type
Tenant
Cross Street
Kirkwood between Carling and Iona on the West side.
MLS® Number
X12948418
Listing Brokerage
EXP REALTY
Basement Area
Full, Unfinished
Postal Code
K1Z 5X4
Posession Details
TBD
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$5,100.82
Tax Year
2025
Interior Features
Guest Accommodations, In-Law Suite, In-Law Capability
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LTS 3 & 4, PL 308 , AS IN N323906 ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer