Price Reduction
Address
125 Norice Street, Meadowlands-Crestviewand Area, ON
Price
$ 775,000
Property Attributes
- ID#X13674054
- TypeSingle Family
- Listing Status Price Change
- CityMeadowlands-Crestviewand Area
- Area7302 - Meadowlands-Crestview
- Neighbourhood7302 - Meadowlands-Crestview
- Postal CodeK2G 2Y2
- StyleBungalow
- Taxes$ 4761
- Price$ 775,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage700-1100
Data Source:
Toronto Real Estate Board (TRREB)
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.
| Price History | |
|---|---|
| 8/14/2026 | Listed $795,000 |
| 9/25/2026 | 3$775,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Central Air |
| Roof | Asphalt Shingle |
| Architectural Style | Bungalow |
| Pool Features | None |
| Construction Materials | Brick |
| Heater Type | Forced Air |
| Parking Spaces | 4 |
| Property Subtype | Detached |
| Tax Year | 2025 |
| Lot Depth | 170.0 |
| County | Ottawa |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | North |
| Garage Y/N | Yes |
| Status | Price Change |
| City | Meadowlands - Crestview and Area |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 4761.0 |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Legal Description | PT LT 32,CON 1 RIDEAU FRONT,PARCEL 178,AS IN CR440732 EXCEPT CR512396 ; NEPEAN |
Interior Features
| Interior Amenities | None |
|---|---|
| Basement | Full,Finished |
| Fireplace Features | Wood |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 5 |
| Elevator? | No |
| Total Baths | 2 |
| Bedrooms | 3+2 |
| Living Area Range | 700-1100 |
Exterior Features
| Waterfront | None |
|---|---|
| Total Parking | 6.0 |
| Garage Type | Detached |
| Foundation Details | Concrete |
| Spa | No |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
| Covered Spaces | 2.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata 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
Visits
In The Neighbourhood
Just Listed
Meadowlands-Crestviewand Area
$ 899,900
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 4 Beds + 2 Baths
Just Listed
Meadowlands-Crestviewand Area
$ 565,000
- Type
- Single Family
- Size
- 700 SqFt
- Rooms
- 3 Beds + 2 Baths
Just Listed
Meadowlands-Crestviewand Area
$ 549,900
- Type
- Single Family
- Size
- 700 SqFt
- Rooms
- 5 Beds + 2 Baths
Just Listed
Meadowlands-Crestviewand Area
$ 899,900
- Type
- Single Family
- Size
- 700 SqFt
- Rooms
- 5 Beds + 2 Baths
Open House
Meadowlands-Crestviewand Area
$ 799,900
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 5 Beds + 3 Baths
Reduced
Meadowlands-Crestviewand Area
$ 560,000
- Type
- Single Family
- Size
- 1,100 SqFt
- Rooms
- 3 Beds + 1 Baths
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
