166 Withrow Avenue
FOR SALE
$849,000
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6 + 2
BEDROOMS3
BATHROOMS1
KITCHENS14
ROOMSX12947372
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Property Description
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.
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Property Features
None
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Property Details
Address
166 Withrow Avenue
Postal Code
K2G 3N8
Property Type
Detached, Detached
Zoning
Residential
Lot Size
65' x 100'
Taxes
$5,939 (2025
Basement
Full, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Attached
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Listing contracted with Home Run Realty Inc.
Welcome to 36 Largo - a stunningly renovated bungalow that offers a versatile layout with a three-bedroom main-level home and a separate three-bedroom in-law suite on the lower level, each with separate entrance and laundry. The main floor features updated flooring, a beautifully redone kitchen with quartz countertops, stainless steel appliances, and thoughtful storage solutions. The renovated bathroom is also finished with quartz counters. Newer windows allow natural light to fill the living spaces, while an electric fireplace insert adds warmth and character. A door from the main level leads to a new deck overlooking the fenced backyard, creating an inviting space for outdoor living. The lower level, previously rented for $2050 a month, includes a three-bedroom in-law suite with its own separate entrance, full kitchen, laminate flooring, private laundry room and good natural light. Soundproofing between the upper and lower levels helps enhance privacy. Outside, the property offers a fenced yard with garden space and parking for up to four vehicles in the driveway. Thoughtfully updated and well maintained, this Crestview bungalow offers a flexible layout that can suit a variety of living arrangements.
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