166 WITHROW Avenue, Meadowlands - Crestview and Area, ON K2G 3N8
Meadowlands - Crestview and Area, ON, K2G 3N8 · 7301 - Meadowlands/St. Claire Gardens
About this property
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.
Features & Amenities
- Basement: Full, Finished
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Sidesplit 3
- Construction: Brick, Other
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Sidesplit 3 |
| Bedrooms | 8 |
| Bathrooms | 3 |
| Basement | Full, Finished |
| Garage | Attached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,939 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Sidesplit 3
- Construction Materials
- Brick, Other
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 6.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.89
- Lot Width
- 64.92
- Lot Irregularities
- 0
- Frontage Length
- 19.79
Financial & Tax
- Tax Annual Amount
- $5,939
- Tax Year
- 2025
- Possession Type
- 60-89 days
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 14
- Rooms Below Grade
- 0
- Rooms Total
- 9
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Ottawa
- Cross Street
- Meadowlands Dr West to Withrow Ave or Woodroffe to David Dr then left on Withrow Ave
- Directions
- Turn onto Meadowlands Dr, turn left onto Withrow Ave, Destination will be on the right.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
166 WITHROW Avenue, Meadowlands - Crestview and Area, ON K2G 3N8, Meadowlands - Crestview and Area, ON, K2G 3N8