2300 Elmira Drive, Ottawa
- Bedrooms: 8
- Bathrooms: 6
- Type: Residential
- Added: 64 days ago
- Updated: 58 days ago
- Last Checked: 5 hours ago
Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.3% 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 $77160, and low expenses of $14535 (utilities, insurance, prop tax and snow removal) for an NOI of $62625, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city. (id:1945)
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Property Details
- 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
Interior Features
- Basement: Finished, Full
- Flooring: Vinyl
- Appliances: Refrigerator, Stove
- Bedrooms Total: 8
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 4
- Parking Features: Open, Surfaced
- Lot Size Dimensions: 52 ft X 0 ft (Irregular Lot)
Location & Community
- Common Interest: Freehold
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Year: 2024
- Parcel Number: 039550002
- Tax Annual Amount: 4500
- Zoning Description: Residential
Room Dimensions
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