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1152 Tawney Road

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  • 10 Bedroom
  • 4 Bathroom
  • 1,100 - 1,500 sqft
  • Bungalow
  • Fireplace
  • Central Air Conditioning
  • Forced Air

$1,100,880

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:66888)

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Details

Property Details
MLS® Number X14028688
Property Type Single Family
Neigbourhood Hawthorne Meadows - Sheffield Glen
Community Name 3704 - Hawthorne Meadows
Amenities Near By Public Transit, Schools
Community Features Community Centre
Parking Space Total 6
Structure Deck
Building
Bathroom Total 4
Bedrooms Above Ground 10
Bedrooms Total 10
Appliances Water Heater - Tankless, Water Heater, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Apartment In Basement
Basement Type N/a (finished), N/a, Full, N/a
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fire Protection Monitored Alarm, Smoke Detectors
Fireplace Present Yes
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Sqft
Type House
Utility Water Municipal Water
Parking
Attached Garage
Garage
Land
Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 152 Ft ,8 In
Size Frontage 67 Ft ,2 In
Size Irregular 67.2 X 152.7 Ft ; Corner Lot
Size Total Text 67.2 X 152.7 Ft ; Corner Lot
Zoning Description Cm2[2208] H(20) - Minor Corridor Zone 2
Rooms
Level Type Dimensions
Lower Level Bedroom 3.93 m x 3.65 m
Lower Level Bedroom 4.26 m x 3.38 m
Lower Level Bedroom 3.1 m x 2.56 m
Lower Level Laundry Room 3.62 m x 2.37 m
Lower Level Bedroom 3.99 m x 3.38 m
Lower Level Bedroom 3.65 m x 2.34 m
Lower Level Bedroom 3.65 m x 2.43 m
Main Level Living Room 5.63 m x 3.71 m
Main Level Dining Room 3.13 m x 3.04 m
Main Level Kitchen 4.9 m x 2.65 m
Main Level Bedroom 4.02 m x 3.44 m
Main Level Bedroom 3.44 m x 2.59 m
Main Level Bedroom 3.01 m x 2.95 m
Main Level Bedroom 3.38 m x 3.01 m

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