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. (id:28469)
Facts & features
Property
MLS® Number
X12976428
Property Type
Single Family
Neighbourhood
Hawthorne Meadows
Community Name
3704 - Hawthorne Meadows
Ownership
Freehold
Amenities Near By
Public Transit, Schools
Community Features
Community Centre
Parking Space Total
6
Structure
Deck
Building
Bathroom Total
4
Bedrooms Above Ground
10
Bedrooms Total
10
Appliances
Water Heater - Tankless, Water Heater, Refrigerator
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate Entrance, Apartment In Basement
Basement Type
N/a (finished), N/a, Full, N/a
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Vinyl Siding
Fire Protection
Monitored Alarm, Smoke Detectors
Fireplace Present
Yes
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
1
Size Interior
1,100 - 1,500 Sqft
Type
House
Utility Water
Municipal Water
Parking
Attached Garage
—
Garage
—
Land
Acreage
No
Fence Type
Fenced Yard
Land Amenities
Public Transit, Schools
Sewer
Sanitary Sewer
Size Depth
152 Ft ,8 In
Size Frontage
67 Ft ,2 In
Size Irregular
67.2 X 152.7 Ft ; Corner Lot
Size Total Text
67.2 X 152.7 Ft ; Corner Lot
Zoning Description
Cm2[2208] H(20) - Minor Corridor Zone 2
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$5,096/mo
Ontario land transfer tax
$19,493 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.