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344 TWEEDSMUIR AVENUE, Ottawa, Ontario, K1Z5N4
Property TypeMulti-family Built in1904

WOW take a look at this rare & spectacular property..... It is ideally situated in the high demand area of Westboro, well known for luxury living and steps away from all amenities, transitway and Westboro Beach. Prime West facing lot, 52FT x 107 FT w/ R4UB Zoning offers multiple opportunities. It is BUILDING PERMIT READY for a 6 UNIT BUILDING w/ 9' ceilings, large sunlit windows, ELEVATOR, ROOF TOP, PARKING & BIKE / GARBAGE SHED in the BACK. It consists of two LUXURIOUS 3 bdrm + den, 2.5 bath w/ in unit storage (1850 sqft each); one 2 bdrm; one 1bdrm + den and two 1 bdrm. Prjected Rent: (2X $6,500) + (1X$2,350) + (1X $2,100) + (1X $2,050) + (1X $1,900) = $256,800/yr less 20% projected expense of $38,520 = projected NOI of $218,280 or 5.5% cap rate. Otherwise the zoning allows up to 12 units, so the possibilities are endless. The existing large 4 bdrm home is leased until April 2024. Call today for more information. (id:16702)

GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total1 WaterfrontNo
Frontage Length52 ft ViewNo
CoolingNo Heating FuelOther
Levels3 Number Of Units Total6
PoolNo SewerMunicipal sewage system


Data Provided by Ottawa Real Estate Board

Last Modified :01/12/2023 04:12:37 PM

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