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344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z 5N4

MLS® # 1377263
Vacant Land For Sale In Westboro, Ottawa, Ontario
$1,298,800
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
344 Tweedsmuir Avenue, Ottawa, ON
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ACTIVE
344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z 5N4
$1,298,800

Property Information:

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 net 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 today to secure your chance at this prime Westboro investment. (id:27)

Building Features:

  • Basement Development: Not Applicable
  • Basement Type: Unknown

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Lot Depth: 107.0 Feet
  • Lot Frontage: 52.0 Feet
  • Utility Type: Fully serviced - Available
  • Zoning: Residential
  • Sewer: Municipal sewage system

Courtesy of: RIGHT AT HOME REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z 5N4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 344 TWEEDSMUIR AVENUE , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 344 TWEEDSMUIR AVENUE , experiences 11 significant 2-day storms per year, with about 314.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 402.1mm of precipitation per year.

Precipitation Per Storm

Past
314.9mm
2050
402.1mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z 5N4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$205,107.24

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.26 %

High school certificate or equivalent

14.52 %

Apprenticeship trade certificate/diploma

3.15 %

College/non-university certificate

14.16 %

University certificate (below bachelor)

3.34 %

University Degree

57.57 %

Commuter

Travel To Work

By Car

71.03 %

By Public Transit

9.63 %

By Walking

12.5 %

By Bicycle

2.99 %

By Other Methods

3.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.3 %

Houses

53.7 %

Own Vs. Rent

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