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344 Tweedsmuir Avenue Ottawa, Ontario K1Z 5N4

4 Bedroom 2 Bathroom
Radiant Heat

$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 Dimensions
Second Level Bedroom 3.35 m x 3.2 m
Second Level Bedroom 3.81 m x 2.59 m
Second Level Bathroom Measurements not available
Second Level Recreational, Games Room 5.79 m x 3.58 m
Second Level Primary Bedroom 3.96 m x 3.65 m
Second Level Bedroom 3.35 m x 2.97 m
Main Level Living Room 4.57 m x 3.81 m
Main Level Dining Room 4.57 m x 3.96 m
Main Level Kitchen 5.48 m x 3.35 m
Main Level Solarium 5.48 m x 3.2 m
Main Level Bathroom Measurements not available
Main Level Laundry Room 2.74 m x 2.59 m

https://www.realtor.ca/real-estate/26667763/344-tweedsmuir-avenue-ottawa-5002-westboro-south

Interested?

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Henga Nayeri
Salesperson

(613) 407-7040
www.henga.ca/
www.facebook.com/henga.nayeri

Right At Home Realty
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9

(613) 369-5199
(416) 391-0013

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