MLS#: X12976428Listed: about 4 hours agoUpdated:about 4 hours ago
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:58075)
Details
Details for 1152 Tawney Road, Ottawa, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
3704 - Hawthorne Meadows
Land Size
67.2 x 152.7 FT ; Corner lot
Year Built
-
Annual Property Taxes
$5,058
Parking Type
Attached Garage, Garage
Inside
Appliances
Refrigerator, Water Heater - Tankless, Water Heater
Rooms
14
Bedrooms
10
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A