344 TWEEDSMUIR AVENUE
Westboro Ottawa K1Z 5N4

$1,298,800
Single Family beds: 4 baths: 2.0 built: 1904

Main Photo: 344 TWEEDSMUIR AVENUE in Ottawa: Single Family for sale : MLS®# 1377265
Photo 1: 344 TWEEDSMUIR AVENUE in Ottawa: Single Family for sale : MLS®# 1377265
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
1377265
Bedrooms:
4
Bathrooms:
2
Year Built:
1904
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 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 now to secure this prime Westboro investment. Some pics virtually staged (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Transaction Type:
For sale
Zoning:
Residential
Ownership Type:
Freehold
Taxes:
$7,834 / 2023
Community:
Westboro
Amenities:
Public Transit, Recreation Nearby, Shopping
Exterior Features:
Brick, Stone
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Stove, Dryer, Hood Fan
Age:
120 years
Bedrooms:
4
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Bathrooms:
2.0
Half Bathrooms:
1
Construction Style Attachment:
Detached
Cooling:
None
Exterior Finish:
Stone, Brick
Fireplace:
No
Floor finish:
Tile, Hardwood
Foundation:
Poured Concrete
Heating:
Radiant heat, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Unfinished, Full
Basement Development:
Unfinished
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Lot Frontage:
52'
Lot Depth:
107'
Acreage:
No
Lot Size:
52 ft X 107 ft
Lot Details:
52 ft X 107 ft
Parking:
Attached Garage, Surfaced
Total Parking Spaces:
3
Floor
Type
Size
Other
Main level
Living room
15' × 12'6"
12'6" x 15'0"
Main level
Dining room
15' × 13'
13'0" x 15'0"
Main level
Kitchen
18' × 11'
11'0" x 18'0"
Main level
Solarium
18' × 10'6"
10'6" x 18'0"
Main level
Laundry room
9' × 8'6"
8'6" x 9'0"
Second level
Recreation room
19' × 11'9"
11'9" x 19'0"
Second level
Primary Bedroom
13' × 12'
12'0" x 13'0"
Second level
Bedroom
11' × 9'9"
9'9" x 11'0"
Second level
Bedroom
11' × 10'6"
10'6" x 11'0"
Second level
Bedroom
12'6" × 8'6"
8'6" x 12'6"
Floor
Ensuite
Pieces
Other
Main level
No
2
Second level
No
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Listed by RIGHT AT HOME REALTY
Data was last updated October 29, 2024 at 05:15 PM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$885,000
Min list price:
$409,000
Max list price:
$3,325,000
Avg days on market:
40
Min days on market:
1
Max days on market:
248
Avg price per sq.ft.:
$345.5
These statistics are generated based on the current listing's property type and located in Westboro. Average values are derived using median calculations.
WAEL GABR
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