For Sale - 1152 Tawney Road, Elmvale Acres and Area, Ontario

Est payment $5,526/mo
Views   1
Time on Jump  78 day
  • Large corner lot with excellent potential for future development.
  • Consistently generating $91,872 in rental income annually.
  • High demand rental area with ten bedrooms and three bathrooms.
  • Close to healthcare facilities, transit options, and shopping.
  • New zoning allows for high-density development opportunities.



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.
Listing IDX12976428
Address1152 Tawney Road
CityElmvale Acres and Area, Ontario
Price$1,150,880
Bed / Bath10 / 4 Full
StyleBungalow, Detached
ConstructionBrick, Vinyl Siding
Land Size10080
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory Apartment, On Demand Water Heater, Water Heater OwnedOutdoor Features DeckAmenities Fenced Yard, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Finished, Separate Entrance, Full, ApartmentFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

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1152 Tawney Road
Elmvale Acres and Area , Ontario
10 4 $1,150,880
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