2300 ELMIRA DR Active

Parkway Park - Queensway Terrace S And Area,ON K2C 1H4

$ 999000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9519625

Style Unknown

Annual Tax Amount $4,500

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Ottawa

Zoning Residential

Rooms

Family Room No

Interior

Cooling Central Air

Exterior

Parking Features Unknown

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Block

Others

Pets Allowed Unknown

View More
Favorite Go Tour