613-866-0665
matthew@yowrealtor.com
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Sale
59 days on website
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$1,298,000
Apartment
344 TWEEDSMUIR AVENUE
Ottawa, Westboro K1Z5N4
No obligation, free tour cancelation.
Beds · 0
Baths · 0.0
Description
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:10452)
General
Type
Apartment
Style
-
Year Built
1904
Square Footage
-
Taxes
-
Maintenance Fee
-
Est. mortgage
$4,924/mo
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Matthew Rizzo
REALTOR®
Email: matthew@yowrealtor.com
Phone: 613-866-0665
Listing courtesy of:
KELLER WILLIAMS INTEGRITY REALTY
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.