273 Powell Ave

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:22211)