1152 Tawney Road, Elmvale Acres and Area, ON

$1,150,880

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10

Beds

4

Baths

1,100

Square feet

About 1152 Tawney Road

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.

Features of 1152 Tawney Road

MLS® # X12976428
Price $1,150,880
Bedrooms 10
Bathrooms 4.00
Square Footage 1100-1500
Type Residential Freehold
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 1152 Tawney Road
Area Ottawa
Subdivision 3704 - Hawthorne Meadows
City Elmvale Acres and Area
Province ON
Postal Code K1G 1B6

Amenities

Parking Spaces 6
# of Garages 2
Garages Attached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace Yes
Basement Finished, Separate Entrance, Full, Apartment

Exterior

Exterior Brick, Vinyl Siding

Listing Details

OfficeROYAL LEPAGE INTEGRITY REALTY

Listing Map