166 WITHROW AVENUE, Ottawa, Ontario

8 Beds 3 Baths

$849,000

Listing ID: X12947372 Property Type: Single Family

This investment generates a strong total return up to 40%! Combining both positive cash flow and principal paydown. 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. (id:25961)

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Rooms

Level	Type	Dimensions
Bathroom	Second level	2.77 m x 2.18 m
Bedroom	Second level	3.12 m x 3.42 m
Bedroom	Second level	3.2 m x 5.87 m
Bedroom	Basement	2.9 m x 2.41 m
Bedroom	Basement	4.88 m x 2.41 m
Bathroom	Basement	3.12 m x 1.63 m
Family room	Basement	4.01 m x 3.61 m
Bathroom	Lower level	2.64 m x 1.4 m
Living room	Lower level	3.12 m x 4.5 m
Bedroom	Lower level	2.64 m x 2.62 m
Bedroom	Lower level	5.2 m x 2.61 m
Bedroom	Main level	5.88 m x 3.84 m
Bedroom	Main level	3.12 m x 3.43 m
Kitchen	Main level	3.18 m x 4.95 m

Details

Ownership: Freehold
Parking Spaces: 6
Transaction: For sale
Zoning Description: Residential

Building

Appliances: Cooktop, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Two Refrigerators, Refrigerator
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 6
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Construction Style Split Level: Sidesplit
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 64 ft ,10 in
Size Irregular: 64.9 x 99.9 FT ; 0

Listing provided by HOME RUN REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 166 WITHROW AVENUE in Ottawa Ontario. It was last modified on April 27th, 2026. Contact Stéphane Chevalier to schedule a viewing or to discover other Ottawa homes for sale.

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