166 WITHROW AVENUE new Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K2G3N8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $599
Subdivision 7301 - Meadowlands/St. Claire Gardens
MLS Listing ID X12289991
Bedrooms 8
Property Sub-Type Freehold
Property Description
Prime Location Cash Cow Property! Rare High-Yield Investment! Ideal for Multi-Generational Living! This exceptional property combines urban convenience with residential tranquility, situated in a peaceful neighborhood at the heart of Nepean. Just steps away from Algonquin College, commercial hubs, and public transit. This turnkey property offers unparalleled configuration flexibility - perfect for student housing, multi-family residence, or hybrid live-in investment. Property offers 6 above ground bedrooms + 2 basement bedrooms with 3 Full Bathrooms and Dual-Chef Kitchen with complete duplicate cooking stations. It makes a market unicorn with immediate revenue potential. The monthly rental income for the property can reach over CAD 6,000. Additionally, part of the driveway can be rent out for use by nearby students. The interior of the house is in good condition both utilities and finishes, including hard and soft renovations, require no additional repairs, making it ready to be used as a rental property. This property also holds significant potential for future redevelopment and expansion. It could potentially be developed into a 10-unit apartment building in the future, with projected monthly cash flow reaching up to CAD 36,000 at peak performance. You are welcome to schedule an on-site viewing at any time! 24hrs irrevocable on all offers. HWT is owned. (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Building
Sewer Sanitary sewer