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$1,199,880

10 Beds

4 Baths

1100 - 1500 FEETSQ

QuickQuoteTM: Not Available

Ottawa ON, K1G 1B6

MLS® # X12506182

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A, N/A, Full, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: CO2 Detector, Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 10
  • Bathrooms: 4
  • Amenities Nearby: Public Transit, Schools
  • Community Features: Community Centre
  • Fence Type: Fenced yard
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 152.7 Feet
  • Lot Frontage: 67.2 Feet
  • Lot Size: 67.2 x 152.7 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom Lower Level 3.93 m x 3.65 m
  • Bedroom Lower Level 4.26 m x 3.38 m
  • Bedroom Lower Level 3.10 m x 2.56 m
  • Laundry Lower Level 3.62 m x 2.37 m
  • Bedroom Lower Level 3.99 m x 3.38 m
  • Bedroom Lower Level 3.65 m x 2.34 m
  • Bedroom Lower Level 3.65 m x 2.43 m
  • Living Main Level 5.63 m x 3.71 m
  • Dining Main Level 3.13 m x 3.04 m
  • Kitchen Main Level 4.90 m x 2.65 m
  • Bedroom Main Level 4.02 m x 3.44 m
  • Bedroom Main Level 3.44 m x 2.59 m
  • Bedroom Main Level 3.01 m x 2.95 m
  • Bedroom Main Level 3.38 m x 3.01 m

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Location of 1152 TAWNEY ROAD, Ottawa, Ontario, K1G 1B6

Demographic Information of 1152 TAWNEY ROAD, Ottawa, Ontario, K1G 1B6

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$94,596.44

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.49 %

High school certificate or equivalent

29.34 %

Apprenticeship trade certificate/diploma

5.28 %

College/non-university certificate

17.78 %

University certificate (below bachelor)

1.12 %

University Degree

28.99 %

Commuter

Travel To Work

By Car

60.68 %

By Public Transit

26.19 %

By Walking

10.71 %

By Bicycle

0.23 %

By Other Methods

2.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.18 %

Houses

33.82 %

Own Vs. Rent