613.296.0473

344 TWEEDSMUIR AVENUE
Westboro - Hampton Park (5002 - Westboro South), Ontario K1Z5N4

$1,298,800

ID# X9517086

4 Bedroom 2 Bathroom

Radiant heat

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:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RIGHT AT HOME REALTY

Listed on: March 25, 2024

On market: 247 days

Bathroom Total	2
Bedrooms Total	4
Heating Type	Radiant heat
Heating Fuel	Natural gas
Stories Total	2

Bedroom	Second level	3.35 m x 3.2 m
Bedroom	Second level	3.81 m x 2.59 m
Bathroom	Second level	Measurements not available
Recreational, Games room	Second level	5.79 m x 3.58 m
Primary Bedroom	Second level	3.96 m x 3.65 m
Bedroom	Second level	3.35 m x 2.97 m
Living room	Main level	4.57 m x 3.81 m
Dining room	Main level	4.57 m x 3.96 m
Kitchen	Main level	5.48 m x 3.35 m
Solarium	Main level	5.48 m x 3.2 m
Bathroom	Main level	Measurements not available
Laundry room	Main level	2.74 m x 2.59 m

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