view of front of house featuring an attached garage, asphalt driveway, and a chimney Features: gas meter, concrete foundation, downspout, chimney, driveway, gutters, horizontal siding, brick siding, shingle roof, attached garage More Photos

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    For Sale - 166 WITHROW Avenue, Meadowlands - Crestview and Area, Ontario

    Est payment $4,077/mo
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    Views   3
    Time on Jump  83 day

    AI Summary *

    • Strong return on investment potential up to 40% with positive cash flow.
    • Versatile property with 6 above-ground and 2 basement bedrooms for various uses.
    • Location offers easy access to Algonquin College and public transit.
    • In good condition, ready for immediate rental with no repairs needed.
    • Future redevelopment potential for up to 10-unit apartment building.




    This investment generates a strong total return up to 40%! Combining both positive cash flow and principal paydown. 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.
    Listing IDX12947372
    Address166 WITHROW Avenue
    CityMeadowlands - Crestview and Area, Ontari…
    Price$849,000
    Bed / Bath8 / 3 Full
    StyleSidesplit 3, Detached
    ConstructionBrick, Other
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  HOME RUN REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    166 Withrow Avenue
    Meadowlands - Crestview and Area , Ontario
    8 3 $849,000
    Get more info