Ottawa, 344 TWEEDSMUIR AVENUE - For Sale, $1,298,000

$1,298,000 Sale

Listed 49 days ago

344 TWEEDSMUIR AVENUE

MLS® 1361678 Multi-family

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Beds · 0

Baths · 0.0

Parking · 1

Sqft · -

Est. mortgage

$4,924/mo

Key Facts

Key facts for 344 TWEEDSMUIR AVENUE

Property Type

Apartment

Parking

0 garage, 1 parking

MLS #

1361678

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1904

Maintenance Fee

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)

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Full Property Details

Interior

Washrooms

0.0

Heating Source

Other

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Source

Other

Full Bathrooms

Half Bathrooms

Exterior

Acreage

52 ft X 107 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Acreage

52 ft X 107 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Building Description

Home Type

Apartment

Subtype

Multi-family

Year Built

1904

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi-family

Year Built

1904

Exterior

Brick

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Westboro

Area Code

Ottawa

Community

Westboro

Area Code

Ottawa

Taxes & Fees

Tax Year

Matthew Rizzo

Email: matthew@yowrealtor.com Cell: 613-866-0665