We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
344 TWEEDSMUIR AVENUE, Ottawa
2024-03-26
Quick Summary
- Location
- 344 TWEEDSMUIR AVENUE, Ottawa, Ontario K1Z5N4
- Price
- $1,298,800
- Status:
- For Sale
- Property Type:
- Single Family
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year of Construction:
- 1904
MLS®#1377265
Property Description
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 (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Recreation Nearby, Shopping
Building
- Appliances: Refrigerator, Dryer, Hood Fan, Stove, Washer
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Stone, Brick
- Fireplace: No
- Flooring Type: Hardwood, Tile
- Building Type: House
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 52 ft X 107 ft
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: Residential
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2024-04-24 16:55:23
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
- Phone:
- (613) 883-8098
- Mobile:
- (613) 883-8098
- Email:
- sheila.forwarddavis@gmail.com
- Support Area:
- Ottawa, Kanata, Manotick
Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileJay Terris Salesperson
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Full ProfilePatti Reid Realtor®
- Phone:
- (613) 401-0197
- Mobile:
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