276 Powell Avenue, Glebe in Ottawa, ON
This is a Multi-family Listing with Surfaced parking.
Work with an experienced agent who knows ~the Glebe area~ View This Property
276 Powell Avenue, Glebe in Ottawa
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:6289)
$1,899,900
276 Powell Avenue, Ottawa, Ontario
Essential Information
- MLS® #1374601
- Price$1,899,900
- Bathrooms0.00
- Acres0.09
- Year Built1922
- TypeMulti-family
- Days on Website57
Amenities
- AmenitiesPublic Transit, Recreation Nearby, Shopping, Furnished
- FeaturesBalcony
- Parking Spaces4
- ParkingSurfaced
Exterior
- ExteriorBrick, Vinyl
- ConstructionWood frame
- FoundationBlock, Poured Concrete
Community Information
- Address276 Powell Avenue
- SubdivisionGlebe
- CityOttawa
- Postal CodeK1S2A5
Interior
- AppliancesBlinds
- HeatingNatural gas Forced air, Other
- CoolingCentral air conditioning, Air exchanger
- Has BasementYes
- # of Stories3
Listing Details
- Listing OfficeSUTTON GROUP - OTTAWA REALTY