344 Tweedsmuir Avenue Ottawa, Ontario K1Z 5N4
$1,298,800
Flooring: Tile, Seize this rare opportunity to build a lucrative investment property in the heart of Westboro. Whether you choose to proceed w/ the approved 6-unit building or explore the potential for up to 12 units in it's R4UB zoning, this property offers unparalleled possibilities. The approved architectural plans include 9' ceilings, large sunlit windows, an elevator for convenience, a rooftop space for relaxation, dedicated parking, and a bike/garbage shed in the back. Unit Breakdown:Two luxurious 3-bedroom + den, 2.5-bath units w/ in-unit storage (each 1850 sqft) ideal to live in; One 2-bedroom unit; One 1-bedroom + den unit & Two 1-bedroom units. W/ a strategic unit mix, the projected annual rental income is an impressive $256,800. After a 20% projected expense of $38,520, the expected NOI is $218,280, reflecting a solid 5.5% cap rate w/ potential for growth. It provides immediate income while you plan for the future. Act now to secure this prime Westboro investment. Some pics virtually staged, Flooring: Hardwood (id:22570)
Property Details
MLS® Number | X9517086 |
Property Type | Single Family |
Neigbourhood | Westboro |
Community Name | 5002 - Westboro South |
Amenities Near By | Public Transit, Park |
Parking Space Total | 3 |
Building
Bathroom Total | 2 |
Bedrooms Above Ground | 4 |
Bedrooms Total | 4 |
Appliances | Dryer, Hood Fan, Refrigerator, Stove, Washer |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Construction Style Attachment | Detached |
Exterior Finish | Brick, Stone |
Foundation Type | Concrete |
Heating Fuel | Natural Gas |
Heating Type | Radiant Heat |
Stories Total | 2 |
Type | House |
Utility Water | Municipal Water |
Parking
Attached Garage |
Land
Acreage | No |
Land Amenities | Public Transit, Park |
Sewer | Sanitary Sewer |
Size Depth | 107 Ft |
Size Frontage | 52 Ft |
Size Irregular | 52 X 107 Ft ; 0 |
Size Total Text | 52 X 107 Ft ; 0 |
Zoning Description | Residential |
Rooms
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Bedroom | 3.35 m | 3.2 m | 3.35 m x 3.2 m |
Second Level | Bedroom | 3.81 m | 2.59 m | 3.81 m x 2.59 m |
Second Level | Bathroom | Measurements not available | ||
Second Level | Recreational, Games Room | 5.79 m | 3.58 m | 5.79 m x 3.58 m |
Second Level | Primary Bedroom | 3.96 m | 3.65 m | 3.96 m x 3.65 m |
Second Level | Bedroom | 3.35 m | 2.97 m | 3.35 m x 2.97 m |
Main Level | Living Room | 4.57 m | 3.81 m | 4.57 m x 3.81 m |
Main Level | Dining Room | 4.57 m | 3.96 m | 4.57 m x 3.96 m |
Main Level | Kitchen | 5.48 m | 3.35 m | 5.48 m x 3.35 m |
Main Level | Solarium | 5.48 m | 3.2 m | 5.48 m x 3.2 m |
Main Level | Bathroom | Measurements not available | ||
Main Level | Laundry Room | 2.74 m | 2.59 m | 2.74 m x 2.59 m |
https://www.realtor.ca/real-estate/26667763/344-tweedsmuir-avenue-ottawa-5002-westboro-south
Interested?
Contact us for more information
Henga Nayeri
Salesperson
www.henga.ca/
www.facebook.com/henga.nayeri
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9
(613) 369-5199
(416) 391-0013