Vacant Land For Sale - 344 TWEEDSMUIR Ave, Westboro - Hampton Park, On

location_on 344 TWEEDSMUIR Ave, Westboro - Hampton Park

Vacant Land

344 TWEEDSMUIR Ave

Westboro - Hampton Park, Ontario K1Z 5N4

$1,298,800

For Sale

Property Information

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.

Basic Details
Property Type : Vacant Land
Listing Type : For Sale
Listing ID : X9515279
Price : $1,298,800
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 219
Address
Postal Code : K1Z 5N4
City : Westboro - Hampton Park
Street : TWEEDSMUIR
Street Number : 344
Street Suffix : Ave
Floor Number : 0
Longitude : W76° 14' 56.4''
Latitude : N45° 23' 42.6''
Features
Swimming Pool : None
Brokerage
Office Name : RIGHT AT HOME REALTY
Extra Information
Acreage : < .50
Address : 344 TWEEDSMUIR Ave
Area : Ottawa
Area Code : 32
living_area : 0
living_area_unit : Sqft
Community : 5002 - Westboro South
Lease : Sale
Municipality Code : 32.28
Municipality District : Westboro - Hampton Park
Tax Year : 2023
Total Parking Spaces : 0.0
Type : .V.
Water : Municipal
Zoning : Residential

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