$1,150,880
1152 Tawney Road, Elmvale Acres and Area, ON K1G 1B6
10 beds4 baths6 parking 1100-1500 ft²
Key facts
- MLS®
- X12976428
- Status
- New
- Type
- Detached
- Taxes
- $5,058
- Size
- 1100-1500 ft²
- Parking
- 6 total
- Lot
- 10080 Feet
- Listed
- 2026-04-09
- Brokerage
- ROYAL LEPAGE INTEGRITY REALTY
- Cross street
- St. Laurent Blvd to Tawney Road
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.