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.
Address
310 Byron Avenue
List Price
$2,550,000
MLS® Status
Extension
Expiration Date
2026-08-31
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Westboro - Hampton Park
Sub-Area
5003 - Westboro/Hampton Park
Region
Ottawa
Lot Depth
117
Lot Type
Lot
Lot Size Units
Feet
Lot Width
50
Parcel Number
040220162
Total Building Area
6100
Occupant Type
Tenant
Cross Street
1 block south of Richmond Road, just east of Kirkwood
Frontage Length
15.24
MLS® Number
X11974619
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K1Z 6Z1
Posession Details
30-60 days
Parking Spaces
6
Tax Amount
$15,540.54
Tax Year
2024
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None
Tax Legal Description
LT 46, PL 309 ; OTTAWA/NEPEAN