1152 TAWNEY ROAD, Ottawa
$1,100,880
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 10 bedrooms, 4 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X14028688
- Neighbourhood
- 3704 - Hawthorne Meadows
Exceptional income producing property with strong cash flow and significant future redevelopment potential. Situated on a large 153 ft. x 67 ft. corner lot with access from two sides, this fully tenanted property is ideally located along St. Laurent Boulevard and offers a rare combination of immediate income and long term upside. The property features 10 bedrooms and 3.5 bathrooms and generates approximately $91,872 in annual rental income, with a reported Net Operating Income of approximately $62,900 per year. Located in a high demand rental area close to CHEO, the Ottawa General Hospital, transit, shopping and everyday amenities, the property offers flexibility for investors looking to continue operating it as a strong cash flowing rental while exploring future redevelopment opportunities. The anticipated new zoning is CM2, which is expected to permit higher density development with building heights of up to approximately 20 metres. Whether your strategy is to hold for income, reposition the property, or plan for future redevelopment, this is a compelling opportunity in a well located and evolving area of Ottawa. Buyers are advised to independently verify zoning, permitted uses, development potential and all financial information
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $644,900
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 10%
Based on 2,349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 1152 TAWNEY ROAD
$949,900
Detached8+441,100–1,500 sqft1136 DEER PARK ROAD, 7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa
$1,099,900
Detached442,000–2,500 sqft22 NORTHVIEW ROAD, 7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa
$1,099,900
Detached441,500–2,000 sqft1902 FEATHERSTON DRIVE, 3609 - Guildwood Estates - Urbandale Acres, Ottawa
$1,049,900
Detached5+142,500–3,000 sqft256 TROLLIUS WAY, 2605 - Blossom Park/Kemp Park/Findlay Creek, Ottawa
$1,149,900
Detached541,500–2,000 sqft101 QUEENSLINE DRIVE, 7102 - Bruce Farm/Graham Park/Qualicum/Bellands, Ottawa
$925,000
Detached642,500–3,000 sqft1991 BANFF AVENUE, 3803 - Ellwood, Ottawa
$1,999,000
Detached352,500–3,000 sqft5765 KELLY MARIE DRIVE N, 8004 - Manotick South to Roger Stevens, Ottawa
$1,249,000
Detached5+143,000–3,500 sqft2106 LAMIRA STREET, 3604 - Applewood Acres, Ottawa