Alison Edwards Real Estate Broker

2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

$999,000

ID# 1402831
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)
Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: July 16, 2024

On market: 115 days
Year Built 1961
Cooling Type Central air conditioning
Flooring Type Vinyl
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1564 Scottanne Street Ottawa
1564 SCOTTANNE STREET
 $1,100,000 4 3 Ottawa Greely
28 COPPERMINE STREET Ottawa
28 COPPERMINE STREET
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72 BRISTON PRIVATE Ottawa
72 BRISTON PRIVATE
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224 LYON STREET N UNIT616 Ottawa
224 LYON STREET N UNIT616
 $548,000 2 1 Ottawa Centretown EXP REALTY
302 CITIPLACE DRIVE Ottawa
302 CITIPLACE DRIVE
 $525,000 2 2 20.34 ft X 37.86 ft Ottawa Citiplace EXIT OTTAWA VALLEY REALTY
335 NONIUS STREET Ottawa
335 NONIUS STREET
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