1152 TAWNEY ROAD, Ottawa, Ontario, K1G1B6
MLS: X12976428 | House (Freehold)
$1,150,880
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:64974)
Quick Facts
- Property Type: House (Freehold)
- Style: Bungalow
- Bedrooms: 10 (10 above)
- Bathrooms: 4
- Ownership: Freehold
- Attached: No
- Fireplaces: Yes
- Parking: 6.0 spaces (Attached Garage, Garage)
- Frontage: 67 ft (20.5 m)
Costs
- Annual Taxes: $5,057.75
Listing Provided by: ROYAL LEPAGE INTEGRITY REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Appliances: Refrigerator, Water Heater - Tankless, Water Heater
- Security: Smoke Detectors, Monitored Alarm
Exterior & Construction
- Style: Bungalow
- Exterior: Brick, Vinyl siding
- Foundation: Concrete
- Fencing: Fenced yard
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 67 ft (20.5 m)
- Zoning: CM2[2208] H(20) - Minor Corridor Zone 2
Community & Neighbourhood
- Community: Community Centre
- Neighbourhood: 3704 - Hawthorne Meadows
Room Details (14 rooms)
Listing Information
Listing History
MLS listing activity for 1152 TAWNEY ROAD, Ottawa, Ontario, K1G1B6 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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1152 TAWNEY ROAD, Ottawa, Ontario, K1G1B6