1152 Tawney Road,Elmvale Acres and Area, ON K1G 1B6
Elmvale Acres and Area, ON K1G 1B6
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.
Details
| MLS # | X12976428 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 143 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | X12976428 493500 |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.24 |
Interior
| Interior Features | Accessory Apartment, On Demand Water Heater, Water Heater Owned |
|---|---|
| Lease To Own Equipment | None |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Exterior Features | Deck |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete |
| Construction Materials | Brick, Vinyl Siding |
| Security Features | Carbon Monoxide Detectors, Monitored, Smoke Detector |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5057.75 |
|---|---|
| Tax Legal Description | PCL 1-2, SEC 4M-86 ; PT LT 1, PL 4M-86 , BEING THE W1/2 ; OTTAWA/GLOUCESTER |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | Elmvale Acres and Area |
| Postal Code | K1G 1B6 |
| Area | 3704 Hawthorne Meadows |
| Listing VS Median (in K1G 1B6) | |
Price: $1,150,880 low | high Med: $0 On site: 143 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Elmvale Acres and Area |
| Postal Code | K1G 1B6 |
| Area | 3704 Hawthorne Meadows |
| Listing VS Median (in K1G 1B6) | |
Price: $1,150,880 low | high Med: $0 On site: 143 low | high Med: | |
