oreb/IMG-1401353_1.jpg
166 days on Market

166 WITHROW Ave, Ottawa, Ontario K2G 3N8

Detached
6 + 2
3
- sqft
$919,000
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Detached
6 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,947/mo

Tax Amount (2023)$5,789/yr

Days On Market166 days


Description

***Excellent income-generating & Multi-Family Property*** 8 Bedrooms, 3 Full Bathrooms. This is a Fantastic opportunity for investors seeking a stable and lucrative income-generating asset in one of Ottawa's most sought-after locations. Walking distance to Algonquin Colledge, bus stops, Colledge Square shopping center. The property is located in such a high-demand rental market Area, making it extremely easy to secure tenants year-round. The main floor features 4 bedrooms, an open-concept kitchen with 2 fridges, 2 sinks, stove, and cooktop. Bright living room and 1 full bathroom. The upper floor includes another 2 bedrooms and 1 full bath. Lower level features a kitchenette, fridge, sink, laundry, 2 good-sized bedrooms, and 1 full bath. This split-level design includes 8 bedrooms and 3 full bathrooms spread across all floors, which makes it really convenient for multi-family living. Alternatively, owners can live inside and have a couple of rooms rentiing out.


Property Details

StyleSplit Level
View-
Age of property1972
SqFt-
Lot Size602 SqM(30.45 x 19.79)
Parking Spaces6
MLS ®Number1401353
Community NameCrestview - Meadowlands
Data SourceOREB
Listing byCAPITAL VIP REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air Conditioning
Basement: Full, Partly Finished

Main Floor

Living Rm

10'3" x 15'1"

Bedroom

17'1" x 8'7"

Bedroom

10'3" x 11'3"

Bath 3-Piece

8'7" x 4'7"


Features

Lot size: 602 SqM

Parking

Garage spaces 1

Garage type -

Other parking spaces 5

Total parking spaces 6


Property listed by CAPITAL VIP REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 10704
Average household income $121,471

Age (%)

20 to 34
29%
65 and plus
22%
0 to 19
18%
50 to 64
17%
35 to 49
15%

Household composition (%)

Single family
56%
Single person
30%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
70%
French
6%
Italian
4%
Arabic
4%
Mandarin
3%
Others
3%
Punjabi (Panjabi)
2%
English and French
1%
Vietnamese
1%
Gujarati
1%

House tenancy (%)

Owners
59%
Renters
41%

Schools and amenities

Estimated Budget