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$ 2,395,000
Est. payment | /mo
$ 2,395,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 5003 - Westboro/Hampton Park
MLS Listing ID X11974619
Annual Tax Amount $15,540
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
State ON
County Ottawa
Area Ottawa
Zoning R3H
Interior
Cooling No
Inclusions 6 fridges, 6 stoves, 5 dishwashers, coin operated washer and dryer
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 117.0
Others
ParcelsYN No
Virtual Tour https://www.freeottawainfo.com/2026Brochure-310Byron.pdf
Listed by RE/MAX HALLMARK REALTY GROUP