613.296.0473

2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

$979,900

ID# X10419627

8 Bedroom 6 Bathroom

Central air conditioning Forced air

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. (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: November 11, 2024

On market: 22 days

Bathroom Total	6
Bedrooms Total	8
Cooling Type	Central air conditioning
Heating Type	Forced air
Heating Fuel	Natural gas
Stories Total	1

Bedroom	Basement	3.37 m x 2.74 m
Bedroom	Basement	3.37 m x 2.69 m
Bedroom	Basement	3.37 m x 2.69 m
Living room	Basement	6.65 m x 3.45 m
Kitchen	Basement	2.74 m x 3.45 m
Bedroom	Basement	3.32 m x 2.54 m
Living room	Main level	4.26 m x 3.55 m
Kitchen	Main level	2.99 m x 2.43 m
Bedroom	Main level	2.69 m x 3.07 m
Bedroom	Main level	3.07 m x 2.92 m
Bedroom	Main level	3.25 m x 3.14 m
Bedroom	Main level	3.25 m x 2.97 m

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2300 ELMIRA DRIVE Ottawa, Ontario K2C1H4

8 Bedroom 6 Bathroom

Central air conditioning Forced air

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