2300 Elmira Drive, Ottawa
- Bedrooms: 8
- Bathrooms: 6
- Type: Residential
- Added: 10 days ago
- Updated: 10 days ago
- Last Checked: 22 hours ago
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:1945)
powered by
Show
More Details and Features
Property DetailsKey information about 2300 Elmira Drive
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 1
- Year Built: 1961
- Structure Type: House
- Exterior Features: Brick, Siding
- Foundation Details: Block
- Architectural Style: Bungalow
- Type: Legal SDU
- Number Of Units: 2
- Bedrooms Per Unit: 4
- Bathrooms Per Unit: 3
- CAP Rate: 6.9%
- Gross Income: $81,564
- Expenses: $14,535
- Net Operating Income NOI: $67,329
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, Full
- Flooring: Vinyl
- Appliances: Refrigerator, Stove
- Bedrooms Total: 8
- Renovated: 2021
- Bedrooms: 4
- Bathrooms: 3 (2 ensuites, 1 shared)
- Laundry: Yes
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2300 Elmira Drive
- Water Source: Municipal water
- Parking Total: 4
- Parking Features: Open, Surfaced
- Lot Size Dimensions: 52 ft X 0 ft (Irregular Lot)
- Roof: Upgraded
- Windows: Upgraded
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
- Neighborhood: Parkway Park
- Nearby Amenities: Transit, trails, parks, major stores, top-rated schools, restaurants
- Proximity To Algonquin College: Close
Business & Leasing InformationCheck business and leasing options available at 2300 Elmira Drive
- Investment Opportunity: High returns in the city
Property Management & AssociationFind out management and association details
- Management: Self-managed
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
- Mechanicals: Upgraded
- Electrical: Upgraded
- Plumbing: Upgraded
- Flooring: Upgraded
Tax & Legal InformationGet tax and legal details applicable to 2300 Elmira Drive
- Tax Year: 2024
- Parcel Number: 039550002
- Tax Annual Amount: 4500
- Zoning Description: Residential
- Insurance: Included in expenses
- Property Tax: Included in expenses
Additional FeaturesExplore extra features and benefits
- Contemporary Feel: Yes
Room Dimensions
This listing content provided by REALTOR.ca
has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat
Active listings
2
Min Price
$979,900
Max Price
$2,900,000
Avg Price
$1,939,950
Days on Market
31 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days
Additional Information about 2300 Elmira Drive
