Homes for sale - 2300 ELMIRA DRIVE, Ottawa, ON K2C1H4

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Sarah Percival

sarah.percival@engelvoelkers.com +1(613) 883-7076

$ 979,900

Est. payment -/mo

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2300 ELMIRA DRIVE Ottawa, ON K2C1H4

8 Beds

6 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Parkway Park

MLS® Listing ID 1419451

Style Bungalow

Bedrooms 8

Originating Board Ottawa Real Estate Board

Year Built 1961

Property Description

Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.9% CAP when self-managed. Each unit has 4 bedrooms and 3 bathrooms (2 ensuites and 1 shared), as well as laundry, allowing for comfort and convenience for its residents. Not only was the interior fully renovated in 2021 with permits, but the home's main systems were upgraded as well including roof, mechanicals, electrical, plumbing, flooring, windows, and bathrooms, offering a fresh and contemporary feel throughout. Located in Parkway Park, this home provides easy access to transit, trails, parks, major stores, top-rated schools, restaurants, and Algonquin College. This prime location ensures all your needs are met within a short distance. With a gross income of $81,564, and low expenses of $14535 (utilities, insurance, prop tax and snow removal) for an NOI of $67329, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Basement 21'10\" x 11'4\" Living room/Dining room

Extra Room 2 Basement 9'0\" x 11'4\" Kitchen

Extra Room 3 Basement 10'11\" x 8'4\" Bedroom

Extra Room 4 Basement 4'8\" x 8'11\" 3pc Ensuite bath

Extra Room 5 Basement 11'1\" x 9'0\" Bedroom

Extra Room 6 Basement 8'5\" x 2'1\" 3pc Ensuite bath

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Vinyl

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Bungalow

Others

Ownership Freehold

Listed by RE/MAX HALLMARK REALTY GROUP

Sarah Percival

Salesperson

+1(613) 883-7076

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