For Sale: 166 Withrow Avenue, Ottawa, ON - REW
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$849,000
8 bd 3 ba 1500 - 1999 sf House

166 Withrow AvenueOttawa, ON, K2G 3N8

Cityview - Crestview - Meadowlands
  • 8 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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:63626)
Listed by: Lucy Rui, Salesperson, HOME RUN REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,939
Home facts
Bedrooms
8
Full Bathrooms
3
Parking Spaces
6
Parking Details
Attached Garage, Garage
Property Type
House
Depth
99.9 feet
Frontage
64.1 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Full
Appliances
Cooktop, Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Two Refrigerators, Washer
Community
Agent details
Primary Agent
Lucy Rui
Primary Broker
HOME RUN REALTY INC.
Secondary Agent
Di Yan
Secondary Broker
HOME RUN REALTY INC.
Tertiary Agent
Xing Liu
Tertiary Broker
HOME RUN REALTY INC.
Listing details
Days on REW
64 Days
Property Views
15
MLS® Number
X12947372
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Gregory Elementary School
  • Catholic
  • JK - 6
Sir Guy Carleton Secondary School
  • Public
  • 9 - 12
Meadowlands Public School
  • Public
  • JK - 6
St Daniel Elementary School
  • Catholic
  • JK - 6
É Élém C Terre-des-Jeunes
  • Catholic
  • JK - 6
Agincourt Road Public School
  • Public
  • JK - 5
ÉEP Charlotte Lemieux
  • Public
  • JK - 6
J.H. Putman Public School
  • Public
  • 5 - 8
Sir Winston Churchill Public School
  • Public
  • JK - 8
Manordale Public School
  • Public
  • 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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.