- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- X9517086
- Bedrooms:
- 4
- Bathrooms:
- 2
- Photos (28)
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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 (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Transaction Type:
- For sale
- Zoning:
- Residential
- Ownership Type:
- Freehold
- Taxes:
- $7,834 / -
- Community:
- 5002 - Westboro South
- Amenities:
- Public Transit, Recreation Nearby, Shopping
- Exterior Features:
- Brick, Stone
- Structure Type:
- House
- Appliances Included:
- Washer, Refrigerator, Stove, Dryer, Hood Fan
- Age:
- 120 years
- Bedrooms:
- 4
- Bedrooms Above Grade:
- 4
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0
- Construction Style Attachment:
- Detached
- Exterior Finish:
- Stone, Brick
- Fireplace:
- No
- Foundation:
- Concrete
- Heating:
- Radiant heat, Natural gas
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- Unfinished, Full
- Basement Development:
- Unfinished
- Land Amenities:
- Public Transit, Recreation Nearby, Shopping
- Lot Frontage:
- 52'
- Lot Depth:
- 107'
- Acreage:
- No
- Lot Size:
- 52 ft X 107 ft
- Lot Details:
- 52 x 107 FT ; 0
- Parking:
- Attached Garage
- Total Parking Spaces:
- 3
- Floor
- Type
- Size
- Other
- Main level
- Living room
- 15' × 12'6"
- -
- Main level
- Dining room
- 15' × 13'
- -
- Main level
- Kitchen
- 17'11¾" × 11'
- -
- Main level
- Solarium
- 17'11¾" × 10'6"
- -
- Main level
- Laundry room
- 9' × 8'6"
- -
- Second level
- Bedroom
- 11' × 10'6"
- -
- Second level
- Bedroom
- 12'6" × 8'6"
- -
- Second level
- Recreational, Games room
- 19' × 11'9"
- -
- Second level
- Primary Bedroom
- 13' × 12'
- -
- Second level
- Bedroom
- 11' × 9'9"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- -
- Second level
- No
- -
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Listed by RIGHT AT HOME REALTY
Data was last updated December 6, 2024 at 09:45 AM (UTC)
Area Statistics
- Listings on market:
- 158
- Avg list price:
- $801,450
- Min list price:
- $288,000
- Max list price:
- $3,998,000
- Avg days on market:
- 168
- Min days on market:
- 123
- Max days on market:
- 550
- Avg price per sq.ft.:
- $430
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
- STEVE SICARD
- RIGHT AT HOME REALTY
- 1 (613) 8535807
- Contact by Email
REALTOR® | SRES
Location
14 Chamberlain Ave. #101
Ottawa, ON, K1S 1V9