Tweedsmuir Ave
Westboro South, Ottawa
$1,248,800
Buy with Dwelly and Save $12,488
Home Details
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Listing 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, Flooring: Hardwood
Stove, Dryer, Washer, Refrigerator, Hood Fan
City: Ottawa
Neighborhood: Westboro South
Property History
Rooms
Room dimensions for Tweedsmuir Ave, Ottawa
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1298800 |
| Down Payment | $259760 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1039040 |
Monthly Payment
| Mortgage Payment | $6403 |
| Property Taxes | $680 |
| Maintenance Fees | $0 |
| Monthly Payment | $7082 |
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About Tweedsmuir Ave, Ottawa
Located at 344 Tweedsmuir Ave , this Ottawa house is available for sale. This property was listed for $1,248,800 on Wed Mar 05 2025. This house's size is 52 x 107 Feet. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Solarium, Laundry, Rec, Primary, Br, Br, Br. This property comes with 3 parking spots. 344 Tweedsmuir Ave, Ottawa is situated in the Westboro South neighbourhood.
MLS#: X11918669 · $1,248,800 · 4 bedroom house in Westboro South, Ottawa