Gallery
27

$1,298,800

CindySEZ

$1,196,978

CindySEZ

$1,196,978

344 Tweedsmuir Avenue, Ottawa, ON, K1Z 5N4

Westboro

MLS#1377263

344 Tweedsmuir Avenue, Ottawa, ON, K1Z 5N4

$1,298,800

Westboro

MLS#1377263

CindySEZ

$1,196,978

CindySEZ

$1,196,978

Home DetailsExterior FeatureSales History

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 net 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 today to secure your chance at this prime Westboro investment.

Home Details
Home Details
  • Category

  • Residential

  • Status

  • New

  • Days on Market

  • 214 days

  • List date

  • 03/25/2024

  • Listing Updated On

  • 10/25/2024

  • Taxes / Year

  • $7,834 / 2023

  • Style

  • Lots/Acreage

  • Fronting

  • West

  • Secondary Dwelling Unit (SUD)

  • No

  • Lot Size

  • 0.13 acres

Neighbourhood Influences
Neighbourhood Influences
Playground Nearby
Public Transit Nearby
Recreation Nearby
Shopping Nearby
Exterior Feature
Exterior Feature
Lot
  • Acres

  • 0.13 acres

  • Frontage

  • 52 ft

  • Depth

  • 107 ft

  • Irregular shape

  • Y

Water & Sewer
  • Water Supply

  • Municipal

  • Sewer

  • Sewer Connected

Legal
  • Brokerage

  • RIGHT AT HOME REALTY

  • Legal Description

  • LT 34, PL 263 ; PT LT 35, PL 263 , AS IN N347626 ; OTTAWA/NEPEAN

Sales History
Sales History

Active

(214 days on market)

Viewing now

New

2024-03-25

Listed For Sale

$1,298,800

MLS# 1377263

1900-06-21

0

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1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1368681

1900-06-21

0

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1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1368679

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1361768

1900-06-21

0

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1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1361764

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1361678

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1354721

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1351829

1900-06-21

0

View

1900-06-21

1900-06-21

Listed For Sale

$0

MLS# 1351826

344 Tweedsmuir Avenue
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#114, 40 Landry Street
Ottawa, ON
K1L 8K4

Phone: 613.744.6697

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