1152 Tawney Road, Ottawa, K1G1B6

Home Overview

Description

Welcome to 1152 Tawney Road, a fully rented, high performing income property that delivers both strong cash flow and long term potential. This impressive 10 bedroom Rooming house sits proudly on a large corner lot in a sought after Ottawa neighbourhood, offering investors a rare blend of stability, performance, and future opportunity with AM10 zoning which allows for the construction of a large multi unit building. Currently generating $7,975/month ($91,872/year) in gross rental income, the property operates at full occupancy with professional management in place. Well maintained and thoughtfully updated, it's a true turnkey investment with an estimated net operating income of approximately $62,900/year. Enjoy reliable returns and peace of mind from day one. Inside, the home features a modern kitchen with stainless steel appliances, spacious common areas, and bright, comfortable rooms throughout. The flexible layout and favorable zoning also open doors for future redevelopment or expansion with possibility to add 2 additional units inside double garage, making it an ideal choice for investors focused on both immediate and long term growth. Situated close to parks, schools, and public transit, including the St. Laurent/Tawney bus stop, Weston Park, and Hawthorne Public School. This property offers excellent convenience for tenants and strong appeal for professionals. Whether you're expanding your portfolio or securing your next solid investment, 1152 Tawney Road stands out as a smart, well positioned, and profitable opportunity for any investor looking for immediate cashflow with upside. (id:39198)

7 days

On Market

Single Family

Property Type

$5,058 / Year

Est. Taxes

House

Style

-

Garage

Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A

Basement