$1,298,800

ID# X9517086

344 TWEEDSMUIR AVENUE
Ottawa, Ontario K1Z5N4

Flooring: Tile, 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, Flooring: Hardwood (id:25961)

INTERESTED IN THIS PROPERTY?

lizstewart@royallepage.ca

spencercudney@royallepage.ca

OFFICE: 613.725.1171

Courtesy of RIGHT AT HOME REALTY

Listed on: March 25, 2024

On market: 248 days

Bathroom Total	2
Bedrooms Total	4
Heating Type	Radiant heat
Heating Fuel	Natural gas
Stories Total	2

Bedroom	Second level	3.35 m x 3.2 m
Bedroom	Second level	3.81 m x 2.59 m
Bathroom	Second level	Measurements not available
Recreational, Games room	Second level	5.79 m x 3.58 m
Primary Bedroom	Second level	3.96 m x 3.65 m
Bedroom	Second level	3.35 m x 2.97 m
Living room	Main level	4.57 m x 3.81 m
Dining room	Main level	4.57 m x 3.96 m
Kitchen	Main level	5.48 m x 3.35 m
Solarium	Main level	5.48 m x 3.2 m
Bathroom	Main level	Measurements not available
Laundry room	Main level	2.74 m x 2.59 m

Add CMHC fee.

Purchase Price

Down Payment or Equity

Amount of Mortgage

system will calculate

Current Interest Rate

Amortization Period

years

Payment Schedule

Monthly Payment (principal & interest)

system will calculate

SIMILAR LISTINGS

Grid List Table Map

$579,900 303 - 203 CATHERINE STREET
OTTAWA

$399,000 306 - 224 LYON STREET
OTTAWA

$759,900 22 STROUGHTON CRESCENT
OTTAWA

$475,000 302 - 589 RIDEAU STREET
OTTAWA

$354,900 721 BAYVIEW DRIVE
OTTAWA

$399,900 201 - 30 CHARLEVOIX STREET
OTTAWA

Address	Price	Bed	Bath	SqFt	Area	Brokerage
303 - 203 CATHERINE STREET	$579,900	2	2		Ottawa	BRAD J. LAMB REALTY INC.
306 - 224 LYON STREET	$399,000	1	1		Ottawa	HOME RUN REALTY INC.
22 STROUGHTON CRESCENT	$759,900	4	-	57.51 x 131.7 FT ; 1	Ottawa	ENGEL & VOLKERS OTTAWA
302 - 589 RIDEAU STREET	$475,000	1	2		Ottawa	INNOVATION REALTY LTD.
721 BAYVIEW DRIVE	$354,900	3	2	65.45 x 326.77 FT ; 1\|1/2 - 1.99 acres	Ottawa	ROYAL LEPAGE TEAM REALTY
201 - 30 CHARLEVOIX STREET	$399,900	2	2		Ottawa	RE/MAX HALLMARK REALTY GROUP

Our Family Helping Yours

Elizabeth Stewart

REALTOR®

lizstewart@royallepage.ca

613-262-2277

Spencer Cudney

REALTOR®

spencercudney@royallepage.ca

613-227-7905

Royal LePage Team Realty,

1723 CARLING AVE.

Ottawa, ON

K2A 1C8

OFFICE: 613.725.1171

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.

344 TWEEDSMUIR AVENUE Ottawa, Ontario K1Z5N4

344 TWEEDSMUIR AVENUE
Ottawa, Ontario K1Z5N4