BEDS8
BATHS3 full
MLS#X12947372
STATUSActive
PROPERTY TYPEResidential - Single Family
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:52350)
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Full
Cooling: Central air conditioning
Heating: Forced air, Natural gas
Lot Size: 64.9 x 99.9 FT ; 0
Taxes: $5,939
Amenities
Brick
Feature Descriptions
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Cooktop, Hood Fan, Two Refrigerators
Board Association: Ottawa Real Estate Board
Days on Site: 3
Exterior: Brick
Foundation: Concrete
Lot Dimensions: 64.9 x 99.9 FT ; 0
Parking: Attached Garage, Garage
Parking Spaces: 6 car attached
Parking Total: 6
Property Sub Type: Single Family
Sewer: Sanitary sewer
Structure Type: House
Title: Freehold
Water: Municipal water
Room Sizes
Bathroom: 2.64 X 1.4 Level - Lower level
Bedroom: 2.9 X 2.41 Level - Basement
Bedroom: 4.88 X 2.41 Level - Basement
Bathroom: 3.12 X 1.63 Level - Basement
Family room: 4.01 X 3.61 Level - Basement
Bathroom: 2.77 X 2.18 Level - Second level
Bedroom: 3.12 X 3.42 Level - Second level
Bedroom: 3.2 X 5.87 Level - Second level
Bedroom: 5.88 X 3.84 Level - Main level
Bedroom: 3.12 X 3.43 Level - Main level
Kitchen: 3.18 X 4.95 Level - Main level
Living room: 3.12 X 4.5 Level - Lower level
Bedroom: 2.64 X 2.62 Level - Lower level
Bedroom: 5.2 X 2.61 Level - Lower level
Listed By / Shown By
Listed By
Agency Name: HOME RUN REALTY INC.
Agency Phone: 613-518-2008
Shown By
Agent Name: Bhuvana Harendra
Agent Phone:
Agency Title: Solid Rock Realty Inc
Estimate Your Payment
Estimated Payment
$ 2,632.05 per month $1,889.51 Principal & Interest $494.92 Property Tax $247.63 Homeowner's InsuranceChange Payment Information
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166 Withrow Avenue | MLS# X12947372
This single family home located at 166 Withrow Avenue, Ottawa, ON is currently listed for sale with an asking price of $849,000. This property has 8 bedrooms and 3 full baths.