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2300 Elmira Drive Ottawa, Ontario K2C 1H4

8 Bedroom 6 Bathroom
Bungalow Central Air Conditioning Forced Air

$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. (id:53341)

Property Details

MLS® Number 1393924
Property Type Single Family
Neigbourhood Parkway Park
ParkingSpaceTotal 4

Building

BathroomTotal 6
BedroomsAboveGround 4
BedroomsBelowGround 4
BedroomsTotal 8
Appliances Refrigerator, Stove
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1961
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Siding
FlooringType Vinyl
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
Type House
UtilityWater Municipal Water

Parking

Open
Surfaced

Land

Acreage No
Sewer Municipal Sewage System
SizeFrontage 52 Ft
SizeIrregular 52 Ft X 0 Ft (irregular Lot)
SizeTotalText 52 Ft X 0 Ft (irregular Lot)
ZoningDescription Residential

Rooms

Level Type Dimensions
Basement Living Room/dining Room 21'10" x 11'4"
Basement Kitchen 9'0" x 11'4"
Basement Bedroom 10'11" x 8'4"
Basement 3pc Ensuite Bath 4'8" x 8'11"
Basement Bedroom 11'1" x 9'0"
Basement 3pc Ensuite Bath 8'5" x 2'1"
Basement Bedroom 11'1" x 8'10"
Basement Bedroom 11'1" x 8'10"
Basement Full Bathroom 7'10" x 4'11"
Basement Laundry Room Measurements not available
Main Level Living Room 14'0" x 11'8"
Main Level Kitchen 9'10" x 8'0"
Main Level Bedroom 8'10" x 10'1"
Main Level Bedroom 10'1" x 9'7"
Main Level 3pc Ensuite Bath 8'10" x 2'7"
Main Level Bedroom 10'8" x 10'4"
Main Level 3pc Ensuite Bath 5'4" x 6'7"
Main Level Bedroom 10'8" x 9'9"
Main Level Full Bathroom 4'11" x 6'7"
Main Level Laundry Room Measurements not available