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276 POWELL AVENUE, Ottawa, Ontario, K1S2A5
Property TypeMulti-family Built in1922

Rare opportunity to own one of the City's only Dedicated Short-Term Rental properties. This property is not subject to the City’s principal residence requirement for short-term rentals (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 and a dedicated air exchanger. Each unit has in-suite laundry and a private outdoor space. There are 4 on-site parking spaces. Act now and reap summer revenue! (id:16400)


Details
Amenities NearbyPublic Transit, Recreation Nearby, Shopping FeaturesBalcony
LeaseOther, See Remarks Parking Spaces4
StructureDeck, Patio(s), Porch TransactionFor sale
Zoning DescriptionCommercial/Mixed Use
Building
AmenitiesFurnished AppliancesBlinds
Basement DevelopmentFinished BasementFull (Finished)
Constructed Date1922 Construction MaterialWood frame
Construction Style AttachmentAttached CoolingCentral air conditioning, Air exchanger
Exterior FinishBrick, Vinyl FlooringLaminate, Tile, Other
FoundationBlock, Poured Concrete Heating FuelNatural gas
HeatingForced air, Other Storeys Total3
TypeTriplex Utility WaterMunicipal water
Land
Size Frontage40 ft AmenitiesPublic Transit, Recreation Nearby, Shopping
SewerMunicipal sewage system Size Depth99 ft
Size Irregular40 ft X 99 ft

Listing Office: SUTTON GROUP - OTTAWA REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :24/04/2024 12:58:03 PM

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