273 POWELL Avenue, Ottawa, Ontario K1S2A4

Listing courtesy of SUTTON GROUP - OTTAWA REALTY.

$1,399,900
List Price
$1,399,900
MLS®
1374531
Days on Market
53
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
33 ft X 100 ft
Subdivision
Glebe

Property Description

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:5764)

Additional Information

Subdivision
Glebe
Parking Spaces
3
Fireplaces
1
Cooling
Central air conditioning
Country
Canada
Flooring
Tile, Hardwood
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Lot Features
Balcony
Total Number Of Units
2
Stories
3

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks