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:42482)
| Level | Room | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower level | Bedroom | 3.93 m | 3.65 m | 3.93 m x 3.65 m |
| Lower level | Bedroom | 4.26 m | 3.38 m | 4.26 m x 3.38 m |
| Lower level | Bedroom | 3.1 m | 2.56 m | 3.1 m x 2.56 m |
| Lower level | Laundry room | 3.62 m | 2.37 m | 3.62 m x 2.37 m |
| Lower level | Bedroom | 3.99 m | 3.38 m | 3.99 m x 3.38 m |
| Lower level | Bedroom | 3.65 m | 2.34 m | 3.65 m x 2.34 m |
| Lower level | Bedroom | 3.65 m | 2.43 m | 3.65 m x 2.43 m |
| Main level | Living room | 5.63 m | 3.71 m | 5.63 m x 3.71 m |
| Main level | Dining room | 3.13 m | 3.04 m | 3.13 m x 3.04 m |
| Main level | Kitchen | 4.9 m | 2.65 m | 4.9 m x 2.65 m |
| Main level | Bedroom | 4.02 m | 3.44 m | 4.02 m x 3.44 m |
| Main level | Bedroom | 3.44 m | 2.59 m | 3.44 m x 2.59 m |
| Main level | Bedroom | 3.01 m | 2.95 m | 3.01 m x 2.95 m |
| Main level | Bedroom | 3.38 m | 3.01 m | 3.38 m x 3.01 m |
Illustrative fixed rate, compounded semi-annually, with monthly payments. This calculator uses 20% or more down and excludes mortgage default insurance. Rates and eligibility must be confirmed with your lender.
/mo
Excludes property taxes, home insurance, utilities and closing costs. Unquoted maintenance fees, if applicable, are not included. This is an estimate, not a lender quote.
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