2300 ELMIRA DRIVE, Ottawa, Ontario K2C 1H4
$979,900.00
- 8 bedrooms
- 6 bathrooms
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. ... read more
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:25417)
- Listing ID: 1419451
- Property Type: Single Family
- Year Built: 1961
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 52 Ft by 0 Ft (Irregular Lot) |
| Parking: | Open 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Stove and Refrigerator |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Siding |
| Basement: | Full (Finished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Ottawa |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Living room/Dining room | Basement | 21'10" x 11'4" |
| Kitchen | Basement | 9'0" x 11'4" |
| Bedroom | Basement | 10'11" x 8'4" |
| 3pc Ensuite bath | Basement | 4'8" x 8'11" |
| Bedroom | Basement | 11'1" x 9'0" |
| 3pc Ensuite bath | Basement | 8'5" x 2'1" |
| Bedroom | Basement | 11'1" x 8'10" |
| Bedroom | Basement | 11'1" x 8'10" |
| Full bathroom | Basement | 7'10" x 4'11" |
| Laundry room | Basement | Measurements not available |
| Living room | Main level | 14'0" x 11'8" |
| Kitchen | Main level | 9'10" x 8'0" |
| Bedroom | Main level | 8'10" x 10'1" |
| Bedroom | Main level | 10'1" x 9'7" |
| 3pc Ensuite bath | Main level | 8'10" x 2'7" |
| Bedroom | Main level | 10'8" x 10'4" |
| 3pc Ensuite bath | Main level | 5'4" x 6'7" |
| Bedroom | Main level | 10'8" x 9'9" |
| Full bathroom | Main level | 4'11" x 6'7" |
| Laundry room | Main level | Measurements not available |
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