$1,100,880
Available - For Sale
Listing ID: X14028688
1152 Tawney Road , Elmvale Acres and Area, K1G 1B6, Ottawa
| 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 |
| Price | $1,100,880 |
| Taxes: | $5057.75 |
| Occupancy: | Tenant |
| Address: | 1152 Tawney Road , Elmvale Acres and Area, K1G 1B6, Ottawa |
| Directions/Cross Streets: | St. Laurent Blvd and Tawney Road |
| Rooms: | 20 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Finished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 18.47 | 12.17 | |
| Room 2 | Main | Dining Ro | 10.27 | 9.97 | |
| Room 3 | Main | Kitchen | 16.07 | 8.69 | |
| Room 4 | Main | Bedroom | 13.19 | 11.28 | |
| Room 5 | Main | Bedroom | 11.28 | 8.5 | |
| Room 6 | Main | Bedroom | 9.87 | 9.68 | |
| Room 7 | Main | Bedroom | 11.09 | 9.87 | |
| Room 8 | Lower | Bedroom | 13.09 | 11.09 | |
| Room 9 | Lower | Bedroom | 11.97 | 7.68 | |
| Room 10 | Lower | Bedroom | 11.97 | 7.97 | |
| Room 11 | Lower | Bedroom | 12.89 | 11.97 | |
| Room 12 | Lower | Bedroom | 13.97 | 11.09 | |
| Room 13 | Lower | Bedroom | 10.17 | 8.4 | |
| Room 14 | Lower | Laundry | 11.87 | 7.77 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Lower |
| Washroom Type 4 | 4 | Lower |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Lower |
| Washroom Type 9 | 4 | Lower |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Attached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Fenced Yard, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE INTEGRITY REALTY |
|
|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Detached |
| Area: | Ottawa |
| Municipality: | Elmvale Acres and Area |
| Neighbourhood: | 3704 - Hawthorne Meadows |
| Style: | Bungalow |
| Tax: | $5,057.75 |
| Beds: | 10 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
Locatin Map:
Payment Calculator:
