$ 1,150,880
-
$1,150,880
Price -
10
Bed -
4
Bath -
1,100
SqFt
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About the Listing 493500 -
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Residential
MLS ®
X12976428
Year Built
Total Square Footage
1,100
Lot/Acreage
10080
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance,Full,Apartment
- Other: Accessory Apartment,On Demand Water Heater,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others: Deck,Fenced Yard,Public Transit,Rec./Commun.Centre,School
- Sewer: Sewer
- Parking Features: Private Double,Attached,Has Garage
Financial Details
- Tax Amount: $5,058
- Taxes w/Assessments: N/A
- Tax/Property ID: 041680026
- Tax Year: 2025
Payment Calculator
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Questions About..
1152 Tawney Rd Elmvale Acres and Area, ON K1G 1B6
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