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$1,150,880
Status: For Sale
Exceptional income-producing asset with huge future development potential! Very Large, 153x67 ft corner lot (with access from two sides) in the prime location on St. Laurent Blvd. Fully tenanted (10 bedrooms 3.5 bathrooms) property, producing $91,872/year ($7,975/monthly). An excellent cash flowing asset with a $62,900 yearly Net operating income, High-demand rental area. You can decide whether you want to keep it operating as an existing rental, or redevelop in the future. The New Zoning for the property is CM2, allowing high density development up to 20 m height. Ideally located and close to CHEO, Ottawa General Hospital, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X12976428 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :09 Apr, 2026 (118 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1G 1B6
|
| Price | : $1,150,880 |
|---|---|
| Property Taxes | :$5057.75 |
| Tax Year | :2025 |
|---|
| Bedrooms | :10 + |
|---|---|
| No. of Rooms | :20 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :St. Laurent Blvd to Tawney Road |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :No |
| Living Room | :5.63 m x 3.71 m |
|---|---|
| Kitchen | :4.9 m x 2.65 m |
| Bedroom | :3.44 m x 2.59 m |
| Bedroom | :3.38 m x 3.01 m |
| Bedroom | :3.65 m x 2.34 m |
| Bedroom | :3.93 m x 3.65 m |
| Dining Room | :3.13 m x 3.04 m |
|---|---|
| Bedroom | :4.02 m x 3.44 m |
| Bedroom | :3.01 m x 2.95 m |
| Bedroom | :3.99 m x 3.38 m |
| Bedroom | :3.65 m x 2.43 m |
| Bedroom | :4.26 m x 3.38 m |
| Exterior Finish | :Brick, Vinyl Siding |
|---|---|
| Parking Space | :6 |
| Basement | :Finished |
| Garage | :Attached |
|---|---|
| Laundry Level | :Upper Level |
09 Apr, 2026
TREB #X12976428
Listed
$1150880.0
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