1152 Tawney Road, Ottawa, Ontario K1G1B6

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.

$1,150,880
10
BD
4
BA

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List Price
$1,150,880
MLS®
X12976428
Days on Market
154
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
10
Bathrooms
4
Lot Size Dimensions
67.2 x 152.7 FT ; Corner lot
Subdivision
3704 - Hawthorne Meadows

Property Description

Exceptional income-producing asset with huge future development potential! Very Large, 153x67 ft corner lot (with access from two sides) in the prime location on St. Laurent Blvd. Fully tenanted (10 bedrooms 3.5 bathrooms) property, producing $91,872/year ($7,975/monthly). An excellent cash flowing asset with a $62,900 yearly Net operating income, High-demand rental area. You can decide whether you want to keep it operating as an existing rental, or redevelop in the future. The New Zoning for the property is CM2, allowing high density development up to 20 m height. Ideally located and close to CHEO, Ottawa General Hospital, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
3704 - Hawthorne Meadows
Parking Spaces
6
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Community Features
Community Centre
Heating
Forced air, Natural gas
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks