For Sale: 125 Norice Street, Ottawa, ON - REW
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$795,000
5 bd • 2 ba • 700 - 1099 sf • House
125 Norice Street
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$795,000
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125 Norice StreetOttawa, ON, K2G 2Y2

Cityview - Crestview - Meadowlands
  • 5 Bed
  • 2 Bath
  • 700 - 1099 Sqft
  • House

About this home

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. The fully finished lower-level, non-conforming 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. Pre-Inspection report available by owner upon request. (id:63626)
Listed by: Mireille Brunet, Salesperson, GRAPE VINE REALTY INC.
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Home facts and features

Price details
List Price
$795,000
Get Pre-Approved
Gross Taxes for 2025
$4,761
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
6
Parking Details
Garage, Detached Garage
Property Type
House
Depth
170 feet
Frontage
146.0 feet
Title
Freehold
Style
Bungalow
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Features
Fireplace(s)
Appliances
Blinds, Dishwasher, Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Mireille Brunet
Primary Broker
GRAPE VINE REALTY INC.
Listing details
Days on REW
24 Days
Property Views
35
MLS® Number
X13674054
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

St Gregory Elementary School
  • Catholic
  • JK - 6
Meadowlands Public School
  • Public
  • JK - 6
Sir Guy Carleton Secondary School
  • Public
  • 9 - 12
Manordale Public School
  • Public
  • JK - 6
St Daniel Elementary School
  • Catholic
  • JK - 6
É Élém C Terre-des-Jeunes
  • Catholic
  • JK - 6
Sir Winston Churchill Public School
  • Public
  • JK - 8
Agincourt Road Public School
  • Public
  • JK - 5
Frank Ryan Catholic Intermed School
  • Catholic
  • 7 - 8
St. John XXIII Elementary School
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Salesperson
Mireille Brunet
Phone:
(613) 600-3550
Office:
613-829-1000
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