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$1,298,800
Available - For Sale
Listing ID: X9517086
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
Price $1,298,800
Taxes: $7,834
Address: 344 TWEEDSMUIR Ave , Westboro - Hampton Park, K1Z 5N4, Ontario
Lot Size: 52 x 107 (Feet)
Directions/Cross Streets: Tweedsmuir between Richmond Rd and Scott
Rooms: 12
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Kitchens: 1
Kitchens +: 0
Family Room: N
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 14.99 12.50
Room 2: Main Dining 14.99 12.99
Room 3: Main Kitchen 17.97 10.99
Room 4: Main Solarium 17.97 10.50
Room 5: Main Laundry 8.99 8.50
Room 6: 2nd Rec 18.99 11.74
Room 7: 2nd Prim Bdrm 12.99 11.97
Room 8: 2nd Br 10.99 9.74
Room 9: 2nd Br 10.99 10.50
Room 10: 2nd Br 12.50 8.50
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Stone
Garage Type: Attached
Pool: None
Property Features: Park
Public Transit
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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RIGHT AT HOME REALTY

344 TWEEDSMUIR Ave , Westboro - Hampton Park, K1Z 5N4, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Westboro - Hampton Park
Neighbourhood: 5002 - Westboro South
Style: 2-Storey
Lot Size: 52.00 x 107.00(Feet)
Approximate Age:
Tax: $7,834
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace:
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908