276 POWELL AVENUE
Ottawa, Ontario K1S2A5

  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa
  • 276 POWELL AVENUE Ottawa

$1,899,900

ID# 1374601

Central air conditioning Air exchanger Forced air Other

6.1% cap rate with gross annual revenue over $200K and NOI of $115K - including property management and operating expenses. Rare opportunity to own one of the City's only Dedicated Short-Term Rental (STR) properties. This property is not subject to the City’s principal residence requirement for STR (Airbnb). Classified as a “legally non-conforming hotel” with a City of Ottawa Host Permit in place. The property is zoned TM (Commercial/Mixed Use). Excellent cash flow and growth potential with limited competition for short-term rental guests in the Glebe. The current use is grandfathered and can be continued by a new owner. This property was torn down to the studs and completely rebuilt as a legal triplex. Each unit has a completely independent heating system with separate 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. Summer STR revenue will be HOT! Act Now! (id:25961)
LEARN MORE ABOUT THIS PROPERTY
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: February 29, 2024

On market: 78 days
Year Built 1922
Cooling Type Central air conditioning, Air exchanger
Flooring Type Laminate, Tile, Other
Heating Type Forced air, Other
Heating Fuel Natural gas
Stories Total 3

YOU MIGHT ALSO LIKE THESE LISTINGS

image

18561 COUNTY 43 ROAD

Apple Hill

$649,000

Biju George | Broker
image

18561 COUNTY 43 ROAD

Apple Hill

$649,000

Biju George | Broker
image

392 PENINSULA ROAD

Ottawa

$3,000

Biju George | Broker
image

45 LAROCHE CRESCENT

Petawawa

$449,900

Kim Habraken
image

611 BARRACKS WAY

Ottawa

$959,000

Roseli Quarti
image

1242 FOXBOROUGH PRIVATE

Ottawa

$674,900

Patricia Chiarelli
image

107 ERIC MALONEY WAY

Ottawa

$2,750

Eli Skaff
image

80 VILLENEUVE STREET

Moose Creek

$514,999

Matt Gibbs
image

2210 LOYOLA AVENUE UNIT31

Gloucester

$409,900

Nataliia Mynyk
image

12137 LANARK ROAD

Calabogie

$629,900

Lorne Scott | Sales Representative
image

574 RATHBURN LANE

Ottawa

$694,900

Supriya Bhargava
image

5535 MITCH OWENS ROAD

Ottawa

$774,800

Nick J. Kyte
image

388 KING STREET W UNIT10

Brockville

$1,400

Jenna Swinwood
image

19 YORK CROSSING

Russell

$869,900

Janine Hogg
image

1333 JOHN QUINN ROAD

Ottawa

$899,900

Dimitrios Kalogeropoulos
image

2397 OGILVIE ROAD

Ottawa

$1,049,999

Jordan Stitt
image

8 BRIDLE PARK DRIVE

Kanata

$699,900

Theresa Dionne
image

67 OAKRIDGE BOULEVARD

Ottawa

$675,000

Travis Gordon
image

275 CARLING AVENUE UNIT12B

Ottawa

$1,884

Jason Spartalis
image

430 MORRIS STREET

Pembroke

$409,900

Ryan Pattinson
image

1043 HYDRANGEA AVENUE

Manotick

$975,000

Raymond Chin
image

2329 MER BLEUE ROAD UNITB

Orleans

$429,900

Mathieu Gignac
image

102 STANLEY AVENUE

Ottawa

$909,888

Leo Grant | Broker
image

100 ARTESA PRIVATE UNITA

Ottawa

$2,200

Paul-Alexis Letarte
image

2168 TRAMORE ROAD

Golden Lake

$299,900

John Sucee | Sales Representative
Previous
Next
LOOKING FOR SOMETHING SPECIFIC?   LET ME KNOW AND I'LL FIND IT FOR YOU

CONTACT US

Get In Touch

Contact Us
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL

Biju George

Sales Representative

Royal LePage Team Realty, Brokerage

200-1335 Carling Avenue,

Ottawa, ON K1Z 8N8

Cell: 1-613-761- 3219

Bus: 1-613-725-1171

Fax: 1-613-725-3323

bgeorge@royallepage.ca

Royal LePage Team Realty

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

 

powered by WEBKITS

Request a Showing
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Sending
276 POWELL AVENUE