125 Norice Street Meadowlands - Crestview and Area, ON K2G 2Y2
Listing Courtesy of: PropTX - IDX / Listed By: Grape Vine Realty Inc.

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

Active
$569,720 (USD)
5
BED
2
BATH
700-1100
SQFT

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. A solid wooden door provides a clean and secure separation from the lower unit. The fully finished lower-level, 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.

MLS®:
X13674054
Taxes
$4,761(2025)
Type
Single-Family Home
Style
Bungalow
County
Ottawa
Community
7302 - Meadowlands/Crestview

Listed By

Grape Vine Realty Inc.
Source
PropTX - IDX
Last checked Aug 14 2026 at 5:21 AM GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Fireplace: Wood
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Finished
  • Full
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Stories
  • 1
Location
   
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/13/26 22:21