1152 TAWNEY ROAD, Ottawa, ON K1G1B6
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1152 TAWNEY ROAD, Ottawa, ON K1G1B6
1152 TAWNEY ROAD, Ottawa, ON K1G1B6
1152 TAWNEY ROAD, Ottawa, ON K1G1B6
1152 TAWNEY ROAD, Ottawa, ON K1G1B6
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Simon Danis

Simon Danis

+1(613) 413-5355
$ 1,100,880
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1152 TAWNEY ROAD Ottawa, ON K1G1B6

10 Beds

4 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision 3704 - Hawthorne Meadows

MLS® Listing ID X14028688

Style Bungalow

Bedrooms 10

Property Sub-Type Freehold

Property 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: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

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Listed by ROYAL LEPAGE INTEGRITY REALTY

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Simon Danis

Simon Danis

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+1(613) 413-5355

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1152 TAWNEY ROAD