2300 Elmira Drive Ottawa, Ontario K2C 1H4

$979,900

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:43934)

Property Details

MLS® Number	1419451
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	Length	Width	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

https://www.realtor.ca/real-estate/27637997/2300-elmira-drive-ottawa-parkway-park