ON > Ottawa > Westboro
Ottawa, ON K1Z5N4,344 TWEEDSMUIR AVENUE
Ottawa, ON K1Z5N4,344 TWEEDSMUIR AVENUE
Ottawa, ON K1Z5N4,344 TWEEDSMUIR AVENUE
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$1,298,800
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4 BD
2 BA
Active

344 TWEEDSMUIR AVENUE Ottawa, ON K1Z5N4

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Terry Langdon

Terry Langdon

+1(403) 690-9624

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Westboro

MLS® Listing ID 1377265

Bedrooms 4

Half Baths 1

Originating Board Ottawa Real Estate Board

Year Built 1904

Property Description

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 (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 19'0\" x 11'9\" Recreation room

Extra Room 2 Second level 13'0\" x 12'0\" Primary Bedroom

Extra Room 3 Second level 11'0\" x 9'9\" Bedroom

Extra Room 4 Second level 11'0\" x 10'6\" Bedroom

Extra Room 5 Second level 12'6\" x 8'6\" Bedroom

Extra Room 6 Second level Measurements not available Full bathroom

Interior

Heating Radiant heat

Cooling None

Flooring Hardwood, Tile

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Terry Langdon

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+1(403) 690-9624

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344 TWEEDSMUIR AVENUE