For Sale

$1,399,900

273 POWELL AVENUE , Ottawa, Ontario K1S2A4

Remarks

Rare, legal, turnkey Dedicated Short-Term Rental property available for sale. 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. Featuring a forced-air furnace and central air conditioning (no radiators or boilers here). The clean and dry basement has a new concrete floor with 2 washers and 2 dryers and plenty of storage. The main floor unit has heated kitchen and bathroom floors with quartz countertops. The backyard and patio are fully fenced. The upper unit has a customized 1970's look for STR marketing purposes. It features granite countertops, an updated bathroom and extensive living space. 3 on-site parking spaces. (id:7526)

Property Summary

  • Neighbourhood: Glebe
  • Lot Frontage: 33.0 Feet
  • Lot Depth: 100.0 Feet
  • Lot Size: 33 ft X 100 ft
  • No. of Parking Spaces: 3
  • Built in: 1912
  • Zoning: TM

Property Features:

  • Amenities Nearby:
    Public Transit , Recreation Nearby , Shopping
  • Features:
    Balcony
  • Fence Type:
    Fenced yard
  • Landscape Features:
    Landscaped , Underground sprinkler
  • Lease Type:
    Lease Type
  • Parking Type:
    Surfaced
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system
  • Storage Type:
    Storage Shed
  • Structure Type:
    Deck , Patio(s) , Porch

Building Features:

  • Amenities:
    Furnished
  • Appliances:
    Blinds
  • Basement Development:
    Unfinished
  • Basement Type:
    Full
  • Building Type:
    Duplex
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Brick , Wood siding
  • Fixture:
    Ceiling fans
  • Flooring Type :
    Hardwood , Tile
  • Foundation Type:
    Poured Concrete , Stone
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air
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