$ 749.900

2686 Iris Street, Ottawa

  • Bedrooms: 4
  • Bathrooms: 2
  • Type: Residential
  • Added: 26 days ago
  • Updated: 10 days ago
  • Last Checked: 20 hours ago
Discover an exceptional investment opportunity in Queensway Terrace South, with no front-facing neighbors! The upper unit features two spacious bedrooms, a modern kitchen, a large living/dining room, and a 3-piece bathroom. The recently renovated basement is a fully legal secondary dwelling unit (SDU) w/ separate entrance, offering two bright bedrooms, a 3-piece bath with a glass-enclosed shower, and an open-concept living and dining area. Both units provide direct access to a fenced backyard, with a combined rental income potential estimated at $4,500/month. This property is ideally located just 2-min walk to IKEA and close to shopping, dining, schools, parks, highways, public transit, and Britannia Beach. Commuters will enjoy a quick bus ride to downtown and 15 minutes by car, quick access to Highway 417, and a bus stop right outside. With three new LRT stops within walking distance. Upgrades:Kitchen-2014, Roof-2016, Furnace/AC-2015, Stove/Washer-2023, Basement, Backyard-2024 (id:1945)
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Property DetailsKey information about 2686 Iris Street

  • Cooling: Central air conditioning
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Year Built: 1961
  • Structure Type: House
  • Exterior Features: Brick, Siding
  • Foundation Details: Poured Concrete
  • Architectural Style: Bungalow
  • Type: Residential
  • Number Of Units: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Rental Income Potential: $4,500/month
  • Status: Fully legal secondary dwelling unit (SDU)

Interior FeaturesDiscover the interior design and amenities

  • Basement: Bedrooms: 2, Bathroom: 3-piece with glass-enclosed shower, Living/Dining Area: Open-concept
  • Flooring: Hardwood, Ceramic, Vinyl
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds
  • Bedrooms Total: 4
  • Upper Unit: Bedrooms: 2, Kitchen: Modern, Living/Dining Room: Large, Bathroom: 3-piece

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2686 Iris Street

  • Lot Features: Park setting
  • Water Source: Municipal water
  • Parking Total: 5
  • Parking Features: Carport, Surfaced
  • Lot Size Dimensions: 56 ft X 90 ft
  • Neighbors: No front-facing neighbors
  • Backyard: Fenced
  • Driveway: Status: Upgraded, Year: 2024
  • Backyard Improvement: Year: 2024

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Community Features: Family Oriented, School Bus
  • Proximity To IKEA: 2-minute walk
  • Nearby Amenities: Shopping, Dining, Schools, Parks
  • Public Transit: Bus Stop: Right outside, Downtown Bus Ride Duration: Quick, Bus Ride to Downtown: 15 minutes by car, LRT Stops: Three new stops within walking distance
  • Highway Access: Quick access to Highway 417
  • Proximity To Britannia Beach: Close

Business & Leasing InformationCheck business and leasing options available at 2686 Iris Street

  • Leasing Potential: $4,500/month

Property Management & AssociationFind out management and association details

  • Association Fee: N/A

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Kitchen Upgrade Year: 2014
  • Roof Upgrade Year: 2016
  • Furnace AC Upgrade Year: 2015
  • New Appliances: Stove: 2023, Washer: 2023

Tax & Legal InformationGet tax and legal details applicable to 2686 Iris Street

  • Tax Year: 2024
  • Parcel Number: 039480200
  • Tax Annual Amount: 4616
  • Zoning Description: Residential
  • Zoning: Residential

Additional FeaturesExplore extra features and benefits

  • Security Features: Smoke Detectors
  • Renovation Status: Recently renovated basement
Room Dimensions
Type Level Dimensions
Primary Bedroom Main level 12'0" x 12'3"
Bedroom Main level 10'9" x 12'8"
Bedroom Basement 11'6" x 11'9"
Bedroom Basement 11'5" x 11'6"
Kitchen Main level 12'3" x 12'4"
Living room/Dining room Main level 13'8" x 23'2"
3pc Bathroom Main level x
3pc Bathroom Basement x
Kitchen Basement 12'0" x 5'0"
Living room Basement 15'0" x 11'0"
Dining room Basement 6'0" x 5'0"
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Nearby Listings Stat

Active listings
42
Min Price
$319,000
Max Price
$819,500
Avg Price
$576,580
Days on Market
40 days
Sold listings
16
Min Sold Price
$314,000
Max Sold Price
$759,900
Avg Sold Price
$531,275
Days until Sold
39 days
Additional Information about 2686 Iris Street

This House at 2686 Iris Street Ottawa, ON with MLS Number 1417977 listed by Mahesh Dachavaram - ROYAL LEPAGE TEAM REALTY on Ottawa market 26 days ago at $749,900

We have found 6 Houses that closely match the specifications of the property located at 2686 Iris Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 520,000 and 949,000.

The current price of the property is $749,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $629,916. This would result in a monthly mortgage payment of $3,507 over a 25-year amortization period.

More Details?
Mahesh Dachavaram
  • Mahesh Dachavaram
  • ROYAL LEPAGE TEAM REALTY
  • 226-348-0324

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