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574 Byron Avenue
homes for sale · Ottawa · McKellar/Highland
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$2,250,000

574 Byron Avenue

McKellar/Highland, Ottawa · MLS® X14092788

882

4,105 sq ft · House · Multi-family · 5 days on market

listed by Chris Coveny, ROYAL LEPAGE PERFORMANCE REALTY

realtor's description

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

property details

type
House, Multi-family
bedrooms
8
bathrooms
8
living area
4,105 sq ft
parking
2
property tax
$16,651 / yr
days on market
5
MLS®
X14092788

features

  • Washer
  • Dishwasher
  • Dryer
  • Hood Fan

monthly cost

$11,191/mo
Mortgage $9,803 · Tax $1,388

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$9,803/ monthly
loan $1,800,000
25-year amortization
total interest
$1,140,910
cash to close
$450,000
down payment; transfer tax and fees not included
total paid
$2,940,910

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

McKellar/Highland, OttawaGoogle Maps ↗

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listed by
Chris Coveny
ROYAL LEPAGE PERFORMANCE REALTY
call Chris · 613-858-2188
Powered by: REALTOR.ca
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location

McKellar/Highland, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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