344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z 5N4

$1,298,800

MLS® # X9517086

House For Sale In Westboro, Ottawa, Ontario

$1,298,800

  • 4

    Bedrooms

  • 2

    Baths

  • 52 x 107 FT ; 0

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Stone
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Hood Fan, Refrigerator, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Park
  • Irregular: Yes
  • Lot Depth: 107.0 Feet
  • Lot Frontage: 52.0 Feet
  • Lot Size: 52 x 107 FT ; 0
  • Zoning: Residential
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom 2nd Level 3.35 m x 3.20 m
  • Bedroom 2nd Level 3.81 m x 2.59 m
  • Bathroom 2nd Level Measurements not available
  • Recreation Room 2nd Level 5.79 m x 3.58 m
  • Primary Bedroom 2nd Level 3.96 m x 3.65 m
  • Bedroom 2nd Level 3.35 m x 2.97 m
  • Living Main Level 4.57 m x 3.81 m
  • Dining Main Level 4.57 m x 3.96 m
  • Kitchen Main Level 5.48 m x 3.35 m
  • Solarium Main Level 5.48 m x 3.20 m
  • Bathroom Main Level Measurements not available
  • Laundry Main Level 2.74 m x 2.59 m

Courtesy of: RIGHT AT HOME REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos