$2,395,000
Available - For Sale
Listing ID: X11974619
310 BYRON Avenue , Westboro - Hampton Park, K1Z 6Z1, Ottawa
| 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 | $2,395,000 |
| Taxes: | $15540.54 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 310 BYRON Avenue , 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 117.00 (Feet) |
| Directions/Cross Streets: | 1 block south of Richmond Road, just east of Kirkwood |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 | |
| Washroom Type 46 | 0 | |
| Washroom Type 47 | 0 | |
| Washroom Type 48 | 0 | |
| Washroom Type 49 | 0 | |
| Washroom Type 50 | 0 | |
| Washroom Type 51 | 0 | |
| Washroom Type 52 | 0 | |
| Washroom Type 53 | 0 | |
| Washroom Type 54 | 0 | |
| Washroom Type 55 | 0 | |
| Washroom Type 56 | 0 | |
| Washroom Type 57 | 0 | |
| Washroom Type 58 | 0 | |
| Washroom Type 59 | 0 | |
| Washroom Type 60 | 0 | |
| Washroom Type 61 | 0 | |
| Washroom Type 62 | 0 | |
| Washroom Type 63 | 0 | |
| Washroom Type 64 | 0 | |
| Washroom Type 65 | 0 | |
| Washroom Type 66 | 0 | |
| Washroom Type 67 | 0 | |
| Washroom Type 68 | 0 | |
| Washroom Type 69 | 0 | |
| Washroom Type 70 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 6100.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Taxes Expense: | $15541 |
| Insurance Expense: | $7501 |
| Heat Expenses: | $2629 |
| Hydro Expense: | $820 |
| Water Expense: | $3187 |
| Other Expenses: | $1661 |
| Gross Income/Sales: | $118015 |
| Operating Expenses: | $31261 |
| Net Income Before Debt: | $90221 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Westboro - Hampton Park |
| Neighbourhood: | 5003 - Westboro/Hampton Park |
| Lot Size: | 15.24 x 117.00(Feet) |
| Tax: | $15,540.54 |
| Fireplace: | N |
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