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$2,550,000
Available - For Sale
Listing ID: X11974619
Westboro, excellent brick purpose built 6 unit apartment building, substantially upgraded and fastidiously maintained, with renovated apartments in an excellent Westboro location. Renovated kitchens and bathrooms, refinished hardwood floors, plumbing stacks replaced, breaker panels in units, hood fans, bathroom fans, dishwashers, 6 parking spaces plus extra area for snow, coin op laundry, storage lockers, owned HWT's, roof ~16 years old, furnace boiler 2015, windows replaced with vinyl windows, outdoor seating area. There is upside to the rents. 1 block to Richmond Rd and the Loblaws Superstore and all the stores and cafe's along Richmond Road, 10 minute walk to LRT transit. The New Draft Zoning Bylaw is just around the corner and will change the zoning to Commercial CM1, which will permit a wide range of commercial uses (including retail, personal services, hotel...). There is an opportunity to substantially increase revenue. Redevelopment is also possible, with the CM1 zone permitting 6 storeys.
Price $2,550,000
Taxes: $15,540.54
Tax Type: Annual
Occupancy by: Tenant
Address: 310 BYRON Aven , Westboro - Hampton Park, K1Z 6Z1, Ottawa
Postal Code: K1Z 6Z1
Province/State: Ottawa
Legal Description: LT 46, PL 309 ; OTTAWA/NEPEAN
Lot Size: 15.24 x 117 (Feet)
Directions/Cross Streets: 1 block south of Richmond Road, just east of Kirkwood
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 6,100
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Taxes Expense: $15541
Insurance Expense: $7501
Maintenance: 0
 Heat Expenses: $2629
 Hydro Expense:  $820
Water Expense: $3347
Other Expenses: $1661
Gross Income/Sales: $118015
Operating Expenses: $31261
Net Income Before Debt: $86754
Year Expenses: 2024
Expenses Actual/Estimated: $Act
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

310 BYRON Aven , Westboro - Hampton Park, K1Z 6Z1, Ottawa


 
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At a Glance:
Type: Com - Investment
Area: Ottawa
Municipality: Westboro - Hampton Park
Neighbourhood: 5003 - Westboro/Hampton Park
Style:
Lot Size: 15.24 x 117.00(Feet)
Approximate Age:
Tax: $15,540.54
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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