$1,298,800
Available - For Sale
Listing ID: X9515279
344 TWEEDSMUIR Ave , Westboro - Hampton Park, K1Z 5N4, Ontario
| 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 net 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 today to secure your chance at this prime Westboro investment. |
| Price | $1,298,800 |
| Taxes: | $7834.00 |
| Address: | 344 TWEEDSMUIR Ave , Westboro - Hampton Park, K1Z 5N4, Ontario |
| Lot Size: | 52.00 x 107.00 (Feet) |
| Acreage: | < .50 |
| Directions/Cross Streets: | Richmond Rd or Scott Street to Tweedsmuir (home located between the two) |
| Rooms: | 0 |
| Rooms +: | 0 |
| Kitchens: | 0 |
| Kitchens +: | 0 |
| Family Room: | N |
| Property Type: | Vacant Land |
| Pool: | None |
| Property Features: | Park, Public Transit |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
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Dir:
416-828-2535
Bus:
647-462-9629
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Vacant Land |
| Area: | Ottawa |
| Municipality: | Westboro - Hampton Park |
| Neighbourhood: | 5002 - Westboro South |
| Lot Size: | 52.00 x 107.00(Feet) |
| Tax: | $7,834 |
| Pool: | None |
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