WOW take a look at this rare & spectacular property..... It is ideally situated in the high demand area of Westboro, well known for luxury living and steps away from all amenities, transitway and Westboro Beach. Prime West facing lot, 52FT x 107 FT w/ R4UB Zoning offers multiple opportunities. It is BUILDING PERMIT READY for a 6 UNIT BUILDING w/ 9' ceilings, large sunlit windows, ELEVATOR, ROOF TOP, PARKING & BIKE / GARBAGE SHED in the BACK. It consists of two LUXURIOUS 3 bdrm + den, 2.5 bath w/ in unit storage (1850 sqft each); one 2 bdrm; one 1bdrm + den and two 1 bdrm. Prjected Rent: (2X $6,500) + (1X$2,350) + (1X $2,100) + (1X $2,050) + (1X $1,900) = $256,800/yr less 20% projected expense of $38,520 = projected NOI of $218,280 or 5.5% cap rate. Otherwise the zoning allows up to 12 units, so the possibilities are endless. The existing large 4 bdrm home is leased until April 2024. Call today for more information. (id:24093)

"Based on information submitted to CREA as of November 30, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Sidebar Fav/

Property Details of 344 Tweedsmuir Avenue

Property Details

Basic Information

Property

Location

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Sidebar Fav/

Success!

Hi there! How can we help you?

Property Details of 344 Tweedsmuir Avenue

Property Details

Basic Information

Property

Location

Utilities and Appliances

Utilities and Appliances

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?