TOP 2% of over 20,000 Realtors in Canada for Royal LePage!

Celebrating 35 Years of Real Estate Excellence 1988-2023

276 POWELL AVENUE
Ottawa, Ontario K1S2A5

$1,899,900

Central air conditioning Air exchanger Forced air Other

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:25961)
Courtesy of SUTTON GROUP - OTTAWA REALTY

Listed on: February 29, 2024

On market: 58 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
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276 POWELL AVENUE

John Spagnoli

Sales Representative

 

Royal LePage Team Realty

484 Hazeldean Road,

Kanata, ON K2L 1V4

Office: 613-725-1171

Toll Free: 1-800-307-1545

homes@johnspagnoli.com

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Royal LePage Team Realty

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