$2,550,000
Available - For Sale
Listing ID: X11974619
310 BYRON Aven , 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 | $2,550,000 |
| Taxes: | $15540.54 |
| Tax Type: | Annual |
| Occupancy: | 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 117.00 (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 |
| 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: | $3347 |
| Other Expenses: | $1661 |
| Gross Income/Sales: | $118015 |
| Operating Expenses: | $31261 |
| Net Income Before Debt: | $86754 |
| 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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