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$ 999,000
Est. payment /mo
Active
2300 ELMIRA DR Parkway Park - Queensway Terrace S And Area, ON K2C 1H4
8 Beds
6 Baths
UPDATED:
11/06/2024 07:56 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9519506
Style Bungalow
Bedrooms 8
Annual Tax Amount $4,500
Tax Year 2024
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Ottawa
Zoning Residential
Rooms
Family Room No
Basement Full, Finished
Separate Den/Office 4
Interior
Interior Features Other
Cooling Central Air
Inclusions 2 Fridges, 2 Stoves
Exterior
Parking Features Unknown
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Block
Others
Security Features Unknown
Pets Allowed Unknown
Listed by RE/MAX HALLMARK REALTY GROUP