344 Tweedsmuir Avenue, Ottawa

344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 1

27 Photos

344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 2
344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 3
344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 4
344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 5
344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 6
344 Tweedsmuir Avenue, Ottawa, ON K1Z5N4 Photo 7
  • Bedrooms: 4
  • Bathrooms: 2
  • MLS®: 1377263
  • Type: Lots and Land
  • Added: 21 days ago

Property Details

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:1945)

Property Information

  • Sewer: Municipal sewage system
  • Tax Year: 2023
  • Basement: Not Applicable, Unknown
  • Utilities: Fully serviced
  • Photos Count: 27
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 040200052
  • Tax Annual Amount: 7834
  • Lot Size Dimensions: 0.12
  • Zoning Description: Residential
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Nearby Places

Name Type Address Distance
Westboro station The transitway in the area is in a below-grade 'tr... 0.2 km
Canadian Ski Museum Shortly thereafter, in 1975 the museum was incorpo... 0.2 km
Canadian Ski Hall of Fame The Canadian Ski Hall of Fame (French: Le Temple d... 0.2 km
Minto Metropole It is the tallest residential building in the Nati... 0.3 km
Newport Restaurant Moe's is known for its pizza and Lebanese cuisine... 0.4 km
Bridgehead Coffee In November 2006, Bridgehead was voted Ottawa’s “B... 0.5 km
Bridgehead Cafe 362 Richmond Rd 0.5 km
Kitchissippi Ward The ward is slightly west of downtown, and covers ... 0.5 km
Churchill Alternative ... 0.6 km
Westboro, Ottawa Westboro's northern border is defined by the Ottaw... 0.6 km
Dominion station Macdonald Parkway... 0.8 km
Westminster Presbyterian Church (Ottawa) It is situated on the west side of Roosevelt Avenu... 0.8 km
Similar Vacant Lots Stat in Ottawa
We have found 6 Land that closely match the specifications of the property located at 344 Tweedsmuir Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 979,000 and 1,749,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Land in the K1Z5N4 postal code area of Ottawa Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree 170
Bachelor's degree 300
University / Above bachelor level 25
University / Below bachelor level 10
Certificate of Qualification 10
College 95
Degree in medicine 15
University degree at bachelor level or above 525

Neighbourhood Marital Status Stat

Married 400
Widowed 25
Divorced 90
Separated 35
Never married 320
Living common law 140
Married or living common law 545
Not married and not living common law 475

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 10
1991 to 2000 15
2001 to 2005 100
2006 to 2010 75
1960 or before 145
Comparison of 344 Tweedsmuir Avenue, Ottawa, ON with Nearby Vacant Lots
Nearby Cities Listings Avg. price
Gatineau Hull Real Estate 62 $556.211
Gatineau Aylmer Real Estate 69 $631.618
Kanata Real Estate 61 $835.427
Gatineau Gatineau Real Estate 108 $641.000
Orleans Real Estate 90 $725.028
Stittsville Real Estate 53 $935.428
Embrun Real Estate 72 $620.165
Rockland Real Estate 86 $654.617
Popular Cities Listings Avg. price
Kawartha Lakes Real Estate 460 $951.763
Oshawa Real Estate 401 $1.010.086
Other Real Estate 1402 $1.000.164
Innisfil Real Estate 314 $1.394.220
Markham Real Estate 516 $1.389.328
Barrie Real Estate 853 $1.036.677
Richmond Hill Real Estate 443 $1.648.008
Toronto Real Estate 7364 $1.149.113
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