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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$795,000
Available - For Sale
Listing ID: X13674054
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.
Price $795,000
Taxes: $4,761
Assessment Year: 2025
Occupancy by: 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
Washrooms: 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 8.00
Room 3: Main Kitchen 13.09 11.61
Room 4: Main Primary B 11.09 10.89
Room 5: Main Bedroom 2 10.79 8.50
Room 6: Main Bedroom 3 8.59 8.30
Room 7: Main Bathroom 7.12 4.10
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Lower
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Lower
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  4 Lower
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4 Main
Washroom 32:  4 Lower
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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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.

125 Norice Street , Meadowlands - Crestview and Area, K2G 2Y2, Ottawa

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Meadowlands - Crestview and Area
Neighbourhood: 7302 - Meadowlands/Crestview
Style: Bungalow
Lot Size: x 170.00(Feet)
Approximate Age:
Tax: $4,761
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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