RAVI PATEL
Sales Representative
Achievers Realty, Brokerage, Brokerage
Independently owned and operated.
1620 Albion Road, Unit#202, Etobicoke, Ontario M9V 4B4
Cell: 647-389-1227Office: 905-497-6701Fax: 905-497-6700
$795,000
Available - For Sale
Listing ID: X13674054
125 Norice Street , Meadowlands - Crestview and Area, K2G 2Y2, Ottawa
| Welcome to 125 Norice St, a beautifully maintained bungalow set on an oversized lot in a highly convenient central location. This is a rare turnkey opportunity that combines strong rental income, immediate cash flow, and outstanding long-term upside. The main-floor unit is bright, inviting, and thoughtfully designed with an open-concept layout that enhances both space and flow. The modern kitchen offers generous cabinetry and workspace, seamlessly connecting to the spacious living room and adjoining dining area-perfect for everyday living or entertaining. Three well-proportioned bedrooms, a full bathroom, and convenient in-unit laundry complete this level. A solid wooden door provides a clean and secure separation from the lower unit. The fully finished lower-level, Secondary Dwelling Unit (SDU) features its own private entrance and a well-designed open-concept kitchen, dining, and living area. With comfortable bedrooms, a full bathroom, and separate laundry, this unit is fully self-contained and highly functional. Whether used for rental income, extended family living, or personal flexibility, it offers exceptional versatility. This property is already a proven income generator, producing approximately $4,500 per month in total rental income, with $2,500 from the upper unit and $2,000 from the lower unit. In addition, wide driveway, 2-car separate garage, and strong curb appeal. The expansive oversized lot provides abundant outdoor space and also presents exciting potential for future development or expansion, subject to municipal approvals. Whether you're an investor seeking a reliable cash-flowing asset, a homeowner looking to significantly offset your mortgage, or a buyer in need of a flexible multi-generational setup, 125 Norice St delivers on every level. Located close to schools, parks, shopping, public transit, and everyday amenities, this property offers the perfect blend of comfort, convenience, and investment. |
| Price | $795,000 |
| Taxes: | $4761.00 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 125 Norice Street , Meadowlands - Crestview and Area, K2G 2Y2, Ottawa |
| Directions/Cross Streets: | Meadowlands at Norice Street |
| Rooms: | 8 |
| Rooms +: | 4 |
| Bedrooms: | 3 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Full, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 19.09 | 11.71 | |
| Room 2 | Main | Dining Ro | 9.51 | 8 | |
| Room 3 | Main | Kitchen | 13.09 | 11.61 | |
| Room 4 | Main | Primary B | 11.09 | 10.89 | |
| Room 5 | Main | Bedroom 2 | 10.79 | 8.5 | |
| Room 6 | Main | Bedroom 3 | 8.59 | 8.3 | |
| Room 7 | Main | Bathroom | 7.12 | 4.1 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | Detached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| GRAPE VINE REALTY INC. |
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RAVI PATEL
Sales Representative
Dir:
647-389-1227
Bus:
905-497-6701
Fax:
905-497-6700
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Ottawa |
| Municipality: | Meadowlands - Crestview and Area |
| Neighbourhood: | 7302 - Meadowlands/Crestview |
| Style: | Bungalow |
| Tax: | $4,761 |
| Beds: | 3+2 |
| Baths: | 2 |
| Fireplace: | Y |
| Pool: | None |
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