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

$1,298,000 Sale

Listed 50 days ago

344 TWEEDSMUIR Avenue

MLS® 1361678 Apartment 5+ Units

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Beds · 0

Baths · 0

Parking · 1

Sqft · -

Est. mortgage

$4,924/mo

Property Taxes

$6,800/yr

Key Facts

Key facts for 344 TWEEDSMUIR Avenue

Property Type

Apartment

Parking

1 parking

MLS #

1361678

Size

Basement

Fully Finished

Listed on

Lot size

52 x 107

Tax

$6,800 /yr

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.

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Full Property Details

Interior

Heating Type

Other (See Remarks)

Levels

Heating Type

Other (See Remarks)

Levels

Exterior

Depth

107.00

Front

52.00

Lot Size

52 x 107 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R4UB

Depth

107.00

Front

52.00

Lot Size

52 x 107 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R4UB

Building Description

Property Type

Commercial

Home Type

Apartment

Subtype

Apartment 5+ Units

Year Built

1904

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Poured Concrete

Property Type

Commercial

Home Type

Apartment

Subtype

Apartment 5+ Units

Year Built

1904

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Poured Concrete

Community

Westboro

Community

Westboro

Taxes & Fees

Taxes

$6,800 /yr

Tax Year

2021

Taxes

$6,800 /yr

Tax Year

2021

Other

Directions

Tweedsmuir between Richmond Rd and Scott

Directions

Tweedsmuir between Richmond Rd and Scott

Full Name

Email: verona@email.com Cell: 0151 709 25000