1152 Tawney RD, Elmvale Acres And Area, ON K1G 1B6
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1152 Tawney RD, Elmvale Acres And Area, ON K1G 1B6
1152 Tawney RD, Elmvale Acres And Area, ON K1G 1B6
1152 Tawney RD, Elmvale Acres And Area, ON K1G 1B6
1152 Tawney RD, Elmvale Acres And Area, ON K1G 1B6
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Neil ODonnell

Neil ODonnell

+1(289) 682-9152
$ 1,100,880
Est. payment /mo
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1152 Tawney RD Elmvale Acres And Area, ON K1G 1B6

10 Beds

4 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 3704 - Hawthorne Meadows

MLS Listing ID X14028688

Style Bungalow

Bedrooms 10

Annual Tax Amount $5,057

Tax Year 2025

Property Sub-Type Detached

Property Description

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

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Finished, Separate Entrance, Full, Apartment

Kitchen 1

Interior

Interior Features Accessory Apartment, On Demand Water Heater, Water Heater Owned

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Deck

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.2

Lot Depth 152.73

Total Parking Spaces 6

Building

Unit Features Fenced Yard,Public Transit,Rec./Commun.Centre,School

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Monitored,Smoke Detector

ParcelsYN No

Listed by ROYAL LEPAGE INTEGRITY REALTY
Neil ODonnell

Neil ODonnell

Broker

+1(289) 682-9152

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1152 Tawney RD