Open House Sunday August 23 - 2:00-4:00PM. Welcome to 125 Norice St, a beautifully maintained bungalow set on an oversized lot in a highly convenient central location. This is a rare turnkey opportunity that combines strong rental income, immediate cash flow, and outstanding long-term upside. The main-floor unit is bright, inviting, and thoughtfully designed with an open-concept layout that enhances both space and flow. The modern kitchen offers generous cabinetry and workspace, seamlessly connecting to the spacious living room and adjoining dining area-perfect for everyday living or entertaining. Three well-proportioned bedrooms, a full bathroom, and convenient in-unit laundry complete this level. The fully finished lower-level, non-conforming Secondary Dwelling Unit (SDU) features its own private entrance and a well-designed open-concept kitchen, dining, and living area. With comfortable bedrooms, a full bathroom, and separate laundry, this unit is fully self-contained and highly functional. Whether used for rental income, extended family living, or personal flexibility, it offers exceptional versatility. This property is already a proven income generator, producing approximately $4,500 per month in total rental income, with $2,500 from the upper unit and $2,000 from the lower unit. In addition, wide driveway, 2-car separate garage, and strong curb appeal. The expansive oversized lot provides abundant outdoor space and also presents exciting potential for future development or expansion, subject to municipal approvals. Whether you're an investor seeking a reliable cash-flowing asset, a homeowner looking to significantly offset your mortgage, or a buyer in need of a flexible multi-generational setup, 125 Norice St delivers on every level. Located close to schools, parks, shopping, public transit, and everyday amenities, this property offers the perfect blend of comfort, convenience, and investment. (id:25961)
Open house this Sun, Aug 23rd from 2:00 PM to 4:00 PM.
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Living room | Main level | 5.82 m x 3.57 m |
| Dining room | Main level | 2.9 m x 2.44 m |
| Kitchen | Main level | 3.99 m x 3.54 m |
| Primary Bedroom | Main level | 3.38 m x 3.32 m |
| Bedroom 2 | Main level | 3.29 m x 2.59 m |
| Bedroom 3 | Main level | 2.62 m x 2.53 m |
| Bathroom | Main level | 2.17 m x 1.25 m |
Details
- Architectural Style: Bungalow
- Ownership: Freehold
- Parking Spaces: 6
- Transaction: For sale
Building
- Amenities: Fireplace(s)
- Appliances: Blinds, Dishwasher, Dryer, Stove, Washer, Refrigerator
- Architectural Style: Bungalow
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 3
- Bedrooms Lower Level: 2
- Construction Style Attachment: Detached
- Cooling: Central air conditioning
- Exterior Finish: Brick
- Fireplace Present: True
- Fireplace Total: 1
- Foundation: Concrete
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 700 - 1100 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 146 ft
- Size Irregular: 146 x 170 FT
Listing provided by GRAPE VINE REALTY INC.
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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 125 NORICE STREET in Ottawa Ontario. It was last modified on August 13th, 2026. Contact Henock Eba to schedule a viewing or to discover other Ottawa homes for sale.