276 Powell Avenue Ottawa, Ontario K1S 2A5
$1,899,900
With TM zoning (Commercial/Mixed Use), this property offers multiple cash flow options. It was torn down to the studs and completely rebuilt as a legal triplex. Each unit has a completely independent heating system withseparate forced-air furnaces and AC units for the 2-bdrm main floor and 3-bdrm upper unit. The 2-bdrm basement unit, with full-height ceiling, has in-floor, hydronic heating throughout and a dedicated air exhanger. All kitchensfeature stainless steel appliances (including dishwashers) and quartz countertops. All bathrooms have double vanities and quartz countertops. Each unit has in-suite laundry and a private outdoor space. There are 4 on-site parking spaces. Currently operating as a legal short-term rental (STR) property with a City of Ottawa "Host Permit". This use can be continued by a new owner (the property is classified as a legally non-conforming hotel, as permitted by TM zoning) or rent to long-term residential or commercial tenants at market rates. (id:19720)
Business
| Business Type | Other |
| Business Sub Type | Other |
Property Details
| MLS® Number | 1380823 |
| Property Type | Business |
| Neigbourhood | Glebe |
| Parking Space Total | 4 |
Building
| Constructed Date | 1922 |
| Size Interior | 3000 Sqft |
Land
| Acreage | No |
| Size Depth | 99 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 Ft X 99 Ft |
| Size Total Text | 40 Ft X 99 Ft |
| Zoning Description | Commercial/mixed Use |
https://www.realtor.ca/real-estate/26604185/276-powell-avenue-ottawa-glebe
Interested?
Contact us for more information
Frank Andree
Broker
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
(613) 744-5000
(613) 744-5001
suttonottawa.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 24 2024 04:50:16
Ottawa Real Estate Board
Sutton Group - Ottawa Realty