Exceptional income producing property with strong cash flow and significant future redevelopment potential. Situated on a large 153 ft. x 67 ft. corner lot with access from two sides, this fully tenanted property is ideally located along St. Laurent Boulevard and offers a rare combination of immediate income and long term upside. The property features 10 bedrooms and 3.5 bathrooms and generates approximately $91,872 in annual rental income, with a reported Net Operating Income of approximately $62,900 per year. Located in a high demand rental area close to CHEO, the Ottawa General Hospital, transit, shopping and everyday amenities, the property offers flexibility for investors looking to continue operating it as a strong cash flowing rental while exploring future redevelopment opportunities. The anticipated new zoning is CM2, which is expected to permit higher density development with building heights of up to approximately 20 metres. Whether your strategy is to hold for income, reposition the property, or plan for future redevelopment, this is a compelling opportunity in a well located and evolving area of Ottawa. Buyers are advised to independently verify zoning, permitted uses, development potential and all financial information (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Bedroom | Lower level | 3.93 m x 3.65 m |
| Bedroom | Lower level | 4.26 m x 3.38 m |
| Bedroom | Lower level | 3.1 m x 2.56 m |
| Laundry room | 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 room | Main level | 5.63 m x 3.71 m |
| Dining room | Main level | 3.13 m x 3.04 m |
| Kitchen | Main level | 4.9 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 |
Details
- Architectural Style: Bungalow
- Amenities Nearby: Public Transit, Schools
- Community Features: Community Centre
- Ownership: Freehold
- Parking Spaces: 6
- Structure: Deck
- Transaction: For sale
- Zoning Description: CM2[2208] H(20) - Minor Corridor Zone 2
Building
- Appliances: Water Heater - Tankless, Water Heater, Refrigerator
- Architectural Style: Bungalow
- BasementType: N/A (Finished), N/A, Full, N/A
- Basement Development: Finished
- Basement Features: Separate entrance, Apartment in basement
- Bedrooms Main Level: 10
- Construction Style Attachment: Detached
- Cooling: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: True
- Fire Protection: Monitored Alarm, Smoke Detectors
- Foundation: Concrete
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Amenities: Public Transit, Schools
- Fence: Fenced yard
- Sewer: Sanitary sewer
- Size Frontage: 67 ft ,2 in
- Size Irregular: 67.2 x 152.7 FT ; Corner lot
Listing provided by ROYAL LEPAGE INTEGRITY REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1152 TAWNEY ROAD in Ottawa Ontario. It was last modified on October 13th, 2026. Contact Henock Eba to schedule a viewing or to discover other Ottawa homes for sale.