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$979,900
Available - For Sale
Listing ID: X10419627
Flooring: Vinyl, 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.
Price $979,900
Taxes: $4,500
Address: 2300 ELMIRA Dr , Parkway Park - Queensway Terrace S and A, K2C 1H4, Ontario
Directions/Cross Streets: Iris to Elmira
Rooms: 10
Bedrooms: 4
Bedrooms +: 4
Washrooms: 6
Kitchens: 1
Kitchens +: 1
Family Room: N
Basement: Finished
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 13.97 11.64
Room 2: Main Kitchen 9.81 7.97
Room 3: Main Br 8.82 10.07
Room 4: Main Br 10.07 9.58
Room 5: Main Bathroom 8.82 2.56
Room 6: Main Br 10.66 10.30
Room 7: Main Bathroom 5.31 6.56
Room 8: Main Br 10.66 9.74
Room 9: Main Bathroom 4.89 6.56
Room 10: Bsmt Living 21.81 11.32
Room 11: Bsmt Kitchen 8.99 11.32
Property Type: Detached
Style: Bungalow
Exterior: Brick
Other
Garage Type: Public
Pool: None
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

2300 ELMIRA Dr , Parkway Park - Queensway Terrace S and A, K2C 1H4, Ontario


 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Parkway Park - Queensway Terrace S and A
Neighbourhood: 6302 - Parkway Park
Style: Bungalow
Lot Size: 52.00 x 0.00(Feet)
Approximate Age:
Tax: $4,500
Maintenance Fee: $0
Beds: 4+4
Baths: 6
Garage: 0
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Pool: None
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