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$ 899,900
Est. payment /mo
Active
166 WITHROW AVE Meadowlands - Crestview And Area, ON K2G 3N8
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 7301 - Meadowlands/St. Claire Gardens
MLS Listing ID X12289991
Style Sidesplit 3
Bedrooms 8
Annual Tax Amount $5,787
Tax Year 2024
Property Sub-Type Detached
Lot Depth 99.89
Lot Front 64.92
Property Description
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.
Location
Province ON
County Ottawa
Community 7301 - Meadowlands/St. Claire Gardens
Area Ottawa
Rooms
Family Room Yes
Basement Full, Finished
Kitchen 1
Separate Den/Office 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 64.92
Lot Depth 99.89
Total Parking Spaces 6
Building
Foundation Concrete
Listed by HOME RUN REALTY INC.
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