$ 1,100,880
-
$1,100,880
Price -
10
Bed -
4
Bath -
1,100
SqFt -
10080
Acre
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About the Listing 493500 -
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
Listing Highlights for 1152 Tawney Rd
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- 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
Monthly Payment
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Listing Location
Questions About..
1152 Tawney Rd Elmvale Acres and Area, ON K1G 1B6
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