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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,150,880

Est. payment | -/mo

10 Beds

4 Baths

1,100 SqFt

Save

$ 1,150,880

Est. payment | -/mo

Save

10 Beds

4 Baths

1,100 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $1,046

Subdivision 3704 - Hawthorne Meadows

MLS® Listing ID X12976428

Style Bungalow

Bedrooms 10

Property Sub-Type Freehold

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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Lower level 3.93 m X 3.65 m Bedroom

Extra Room 2 Lower level 4.26 m X 3.38 m Bedroom

Extra Room 3 Lower level 3.1 m X 2.56 m Bedroom

Extra Room 4 Lower level 3.62 m X 2.37 m Laundry room

Extra Room 5 Lower level 3.99 m X 3.38 m Bedroom

Extra Room 6 Lower level 3.65 m X 2.34 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Fence Fenced yard

Community Features Community Centre

View Y/N No

Attached Garage Yes

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

Listed by ROYAL LEPAGE INTEGRITY REALTY

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+1(647) 493-3579

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1152 TAWNEY ROAD Ottawa, ON K1G1B6