Listed by Right At Home Realty.

344 TWEEDSMUIR Avenue is a Vacant Land and is currently for Sale @ $1,298,800. Taxes in 2023 were $7,834.00.

More homes for sale under 1.3M in Westboro - Hampton Park

Seize this rare opportunity to build a lucrative investment property in the heart of Westboro. The home on 344 TWEEDSMUIR Avenue has 0 bedrooms, 0 bathrooms, and is located on a 107.00 x 52.00 ft loton < .50 acres in the community of 5002 - Westboro South . Whether you choose to proceed w/ the approved 6-unit building or explore the potential for up to 12 units in it's R4UB zoning, this property offers unparalleled possibilities. The approved architectural plans include 9' ceilings, large sunlit windows, an elevator for convenience, a rooftop space for relaxation, dedicated parking, and a bike/garbage shed in the back. Unit Breakdown: Two luxurious 3-bedroom + den, 2.5-bath units w/ in-unit storage (each 1850 sqft) ideal to live in; One 2-bedroom unit; One 1-bedroom + den unit & Two 1-bedroom units. W/ a strategic unit mix, the projected annual rental income is an impressive $256,800. After a 20% projected expense of $38,520, the expected net NOI is $218,280, reflecting a solid 5.5% cap rate w/ potential for growth. It provides immediate income while you plan for the future. Act today to secure your chance at this prime Westboro investment.

The address 344 TWEEDSMUIR Avenue was listed for sale (MLS# X9515279) on Monday, March 25, 2024.