Primary on Main
Address
125 Norice Street, Ottawa, ON
Price
$ 775,000
Property Attributes
  • ID#X13674054
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CountyOttawa Real Estate Board
  • CityOttawa
  • Area7302 - Meadowlands/Crestview
  • Neighborhood7302 - Meadowlands/Crestview
  • ZipK2G 2Y2
  • StyleBungalow
  • Price$ 775,000
  • Bedrooms3+2
  • Bathrooms2
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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. New roof for garage and shed Oct. 2026. Pre-Inspection report available by owner upon request. (id:7434)

General Features

Property Type Single Family
CommunityName 7302 - Meadowlands/Crestview
Building Amenities Fireplace(s)
Building Appliances Blinds, Dishwasher, Dryer, Stove, Washer, Refrigerator
Building Architectural Style Bungalow
Building Cooling Type Central air conditioning
Location Description Cross Streets: Meadowlands at Norice Street. ** Directions: From Woodroffe Ave turn right or left on Meadowlands, right on Norice Street.
Parking Space Total 6
Foundation Type Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Style Attachment Detached
Living Area Range 700
Bedrooms 3+2

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick

Room Details

Room Dimensions Level Flooring Details
Bathroom 2.17 m x 1.25 m Main level 1.25 m
Bedroom 2 3.29 m x 2.59 m Main level 2.59 m
Bedroom 3 2.62 m x 2.53 m Main level 2.53 m
Dining room 2.9 m x 2.44 m Main level 2.44 m
Kitchen 3.99 m x 3.54 m Main level 3.54 m
Living room 5.82 m x 3.57 m Main level 3.57 m
Primary Bedroom 3.38 m x 3.32 m Main level 3.32 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K2G 2Y2

Price
AVG $780K
$780K
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