ON > Meadowlands - Crestview And Area > 7301 - Meadowlands-St. Claire Gardens
Meadowlands - Crestview And Area, ON K2G 3N8,166 WITHROW AVE
Meadowlands - Crestview And Area, ON K2G 3N8,166 WITHROW AVE
Meadowlands - Crestview And Area, ON K2G 3N8,166 WITHROW AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$899,900
Est. payment /mo
8 Beds
3 Baths
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UPDATED:

Key Details

Property Type Single Family Home

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

Appx SqFt 1500-2000

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

Zoning Residential

Rooms

Family Room Yes

Basement Full, Finished

Kitchen 1

Separate Den/Office 2

Interior

Interior Features None

Cooling Central Air

Inclusions Cooktop, Stove, 2 Fridges, Microwave, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan.

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

Others

Senior Community Yes

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Listed by HOME RUN REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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