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310 BYRON Avenue, Westboro - Hampton Park, ON K1Z 6Z1

$2,395,000

310 BYRON Avenue, Westboro - Hampton Park, ON K1Z 6Z1, photo 1
Property type
Investment
Transaction
For sale
Location
Westboro - Hampton Park, Ottawa
Building area
6,100 Square Feet
MLS® number
X11974619

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.

Listing brokerage: RE/MAX HALLMARK REALTY GROUP

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