2300 Elmira Drive

Parkway Park, Ottawa, K2C1H4

$999,000
Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.7% 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 $67029, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city.

8
BEDS

6
BATHS
 
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613-369-8314
info@rachelhammer.com
  • Main - Living room 14'0" x 11'8"
  • Main - Kitchen 9'10" x 8'0"
  • Main - Bedroom 8'10" x 10'1"
  • Main - Bedroom 10'1" x 9'7"
  • Main - 3pc Ensuite bath 8'10" x 2'7"
  • Main - Bedroom 10'8" x 10'4"
  • Main - 3pc Ensuite bath 5'4" x 6'7"
  • Main - Bedroom 10'8" x 9'9"
  • Main - Full bathroom 4'11" x 6'7"
  • Main - Laundry room n/a x n/a
  • Lower - Living room/Dining room 21'10" x 11'4"
  • Lower - Kitchen 9'0" x 11'4"
  • Lower - Bedroom 10'11" x 8'4"
  • Lower - 3pc Ensuite bath 4'8" x 8'11"
  • Lower - Bedroom 11'1" x 9'0"
  • Lower - 3pc Ensuite bath 8'5" x 2'1"
  • Lower - Bedroom 11'1" x 8'10"
  • Lower - Bedroom 11'1" x 8'10"
  • Lower - Full bathroom 7'10" x 4'11"
  • Lower - Laundry room n/a x n/a
  • Lot Dimensions 52 ft X 0 ft (Irregular Lot)
  • Flooring Vinyl
  • Inclusions Refrigerator, Stove
  • Heating/AC Forced air, Natural gas, Central air conditioning
  • Basement Finished
  • Listing Broker RE/MAX HALLMARK REALTY GROUP
  • MLSID 1393924