2300 ELMIRA DRIVE, Ottawa, Ontario
$999,000
- 8 Beds
- 6 Baths
Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.7% 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 $67029, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city. (id:56241)
- Listing ID: 1393924
- Property Type: Single Family
- Year Built: 1961
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Ottawa real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Ottawa market to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Ottawa real estate agents help you find a property to match your lifestyle.
Listing provided by RE/MAX HALLMARK REALTY GROUP
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2300 ELMIRA DRIVE in Ottawa Ontario. It was last modified on July 16th, 2024. Contact us to schedule a viewing or to discover other Ottawa homes for sale.