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$1,298,800

344 Tweedsmuir Avenue Ottawa, Ontario K1Z 5N4

344 Tweedsmuir Avenue, Ottawa, Ontario  K1Z 5N4 - Photo 1 - 1377263
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344 Tweedsmuir Avenue Ottawa, Ontario K1Z 5N4

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. (id:42482)

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about 344 Tweedsmuir Avenue, Ottawa, Ontario K1Z 5N4

    Property Details

    Property Details for 344 Tweedsmuir Avenue, Ottawa, Ontario K1Z 5N4

    MLS® Number 1377263
    Property Type Vacant Land
    Neighbourhood Westboro
    AmenitiesNearby Public Transit, Recreation Nearby, Shopping

    Building

    Building details for 344 TWEEDSMUIR AVENUE, Ottawa, Ontario K1Z 5N4
    BasementDevelopment Not Applicable
    BasementType Unknown (not Applicable)
    UtilityWater Municipal Water

    Land

    Acreage No
    LandAmenities Public Transit, Recreation Nearby, Shopping
    Sewer Municipal Sewage System
    SizeDepth 107 Ft
    SizeFrontage 52 Ft
    SizeIrregular 0.12
    SizeTotal 0.12 Ac
    SizeTotalText 0.12 Ac
    ZoningDescription Residential

    Utilities

    Fully serviced Available

    RIGHT AT HOME REALTY
    14 Chamberlain Ave Suite 101
    Ottawa, Ontario K1S 1V9

    (613) 369-5199
    (416) 391-0013
    www.rightathomerealty.com/

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