308 VICTORIA STREET N, Tweed (Tweed (Village)), Ontario, K0K3J0
MLS: X12927474 | Townhouse (Freehold)
$419,900
Property Description
Well maintained investment property in the heart of downtown Tweed. This is an excellent opportunity for investors or owner-operators. Featuring a vacant main level commercial space of approximately 670 sqft, complete with ample storage and a 3-piece bathroom, this unit provides immediate upside potential with the ability to secure your own tenant and set market rents.The upper-level 3-bedroom apartment (approx. 1,100 sqft) is tenant occupied and offers an upgraded open-concept kitchen with island, bright dining area, 4-piece bathroom, and in-suite laundry. The rear 1-bedroom apartment (approx. 480 sqft) is also tenant occupied and includes a kitchen, living area, and 3-piece bathroom.Recent updates include flooring, kitchens, and furnace (2019), with the roof approximately 13 years old. 2025 NOI totaled $40,541, reflecting a strong 9.68% cap rate when fully occupied. The building is serviced by 1 hydro meter and 1 gas meter, with 3 on-site parking spaces. Prime high-traffic location close to all amenities and only 30 minutes to Highway 401.24 hours' notice required for residential unit showings. 24-hour irrevocable on all offers. (id:64974)
Quick Facts
- Property Type: Townhouse (Freehold)
- Bedrooms: 4 (4 above)
- Bathrooms: 3
- Ownership: Freehold
- Attached: Yes
- Parking: 3.0 spaces (No Garage)
- Frontage: 37 ft (11.2 m)
Costs
- Annual Taxes: $2,158.21 (2025)
Listing Provided by: SOLID ROCK REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Basement: Unfinished, N/A
- Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 37 ft (11.2 m)
- Features: Carpet Free
Community & Neighbourhood
- Neighbourhood: Tweed (Village)
Listing Information
Listing History
MLS listing activity for 308 VICTORIA STREET N, Tweed (Tweed (Village)), Ontario, K0K3J0 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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308 VICTORIA STREET N, Tweed (Tweed (Village)), Ontario, K0K3J0