Primary photo of 308 VICTORIA STREET N, Tweed (Tweed (Village))
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Row / Townhouse For Sale

$419,900

308 VICTORIA STREET N

MLS® Number: X12927474

Bedrooms

4

Bathrooms

3

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Dryer, Two stoves, Two Refrigerators

Basement

Unfinished, N/A

Bathrooms Total

3

Bedrooms Total

4

Cooling

None

Heating

Forced air, Natural gas

Building & Exterior

Exterior Features

Brick

Foundation Details

Stone

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

Tweed (Village)

Frontage Length

36.6 feet

Lot Features

Carpet Free

Lot Size Dimensions

36.5 x 132 FT

Postal Code

K0K3J0

Listing & Financials

Listing Office

SOLID ROCK REALTY

Originating System Name

Ottawa Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

3

Mortgage Calculator

20% ($83,980)
5.5%
25 Years

Estimated Monthly Payment

$2,063

Principal and interest only. Actual rates may vary.

Location & Map

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