$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

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Grid List Table Map

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Address	Price	Bed	Bath	SqFt	Area	Brokerage
1284 BEN ROYAL AVENUE	$698,000	3	3	97.83 x 169.72 FT ; 1	Ottawa	RIGHT AT HOME REALTY
37 JETTY DRIVE	$1,299,900	5	5	52.99 x 95.18 FT ; 0	Ottawa	ROYAL LEPAGE PERFORMANCE REALTY
269 MICHEL CIRCLE	$684,900	5	-	51.93 x 99.87 FT ; 0	Ottawa	ROYAL LEPAGE TEAM REALTY
2 KITTANSETT COURT	$599,900	2	2		Ottawa	FIDACITY REALTY
69 CARILLON STREET	$3,800	4	3		Ottawa	ROYAL LEPAGE TEAM REALTY
B - 835 MONTREAL ROAD	$2,400	2	1		Ottawa	POWER MARKETING REAL ESTATE INC.

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

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344 TWEEDSMUIR AVENUE Ottawa, Ontario K1Z5N4

344 TWEEDSMUIR AVENUE
Ottawa, Ontario K1Z5N4