Mirna Botros
613-600-26261152 Tawney Road - $1,100,880
1152 Tawney Road - $1,100,880
1152 Tawney Road
$1,100,880
3704 - Hawthorne Meadows
Ottawa, OntarioK1G1B6
10 beds
4 baths
6 parking
MLS#: X14028688Listed: about 1 hour agoUpdated:about 1 hour ago
Description
Exceptional income producing property with strong cash flow and significant future redevelopment potential. Situated on a large 153 ft. x 67 ft. corner lot with access from two sides, this fully tenanted property is ideally located along St. Laurent Boulevard and offers a rare combination of immediate income and long term upside. The property features 10 bedrooms and 3.5 bathrooms and generates approximately $91,872 in annual rental income, with a reported Net Operating Income of approximately $62,900 per year. Located in a high demand rental area close to CHEO, the Ottawa General Hospital, transit, shopping and everyday amenities, the property offers flexibility for investors looking to continue operating it as a strong cash flowing rental while exploring future redevelopment opportunities. The anticipated new zoning is CM2, which is expected to permit higher density development with building heights of up to approximately 20 metres. Whether your strategy is to hold for income, reposition the property, or plan for future redevelopment, this is a compelling opportunity in a well located and evolving area of Ottawa. Buyers are advised to independently verify zoning, permitted uses, development potential and all financial information (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
Building
- Architecture Style
- Bungalow
- Direction
- Cross Streets: St. Laurent Blvd and Tawney Road. ** Directions: St. Laurent Blvd to Tawney Road.
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Brick, Vinyl siding
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 67.2 x 152.7 FT ; Corner lot
- Zoning
- -
- Zoning Description
- CM2[2208] H(20) - Minor Corridor Zone 2
Parking
- Features
- Attached Garage, Garage
- Total Parking
- 6
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- Community Centre
- Lot Features
- -
- Security
- Smoke Detectors, Monitored Alarm
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 1152 Tawney Road, Ottawa, OntarioMap
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