2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

$999,000

ID# 1393924

8 Bedroom 6 Bathroom

Central air conditioning Forced air

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:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: July 16, 2024

On market: 64 days

Bathroom Total	6
Bedrooms Total	8
Half Bathrooms Total	0
Year Built	1961
Cooling Type	Central air conditioning
Flooring Type	Vinyl
Heating Type	Forced air
Heating Fuel	Natural gas
Stories Total	1

Living room/Dining room	Basement	21'10" x 11'4"
Kitchen	Basement	9'0" x 11'4"
Bedroom	Basement	10'11" x 8'4"
3pc Ensuite bath	Basement	4'8" x 8'11"
Bedroom	Basement	11'1" x 9'0"
3pc Ensuite bath	Basement	8'5" x 2'1"
Bedroom	Basement	11'1" x 8'10"
Bedroom	Basement	11'1" x 8'10"
Full bathroom	Basement	7'10" x 4'11"
Laundry room	Basement	Measurements not available
Living room	Main level	14'0" x 11'8"
Kitchen	Main level	9'10" x 8'0"
Bedroom	Main level	8'10" x 10'1"
Bedroom	Main level	10'1" x 9'7"
3pc Ensuite bath	Main level	8'10" x 2'7"
Bedroom	Main level	10'8" x 10'4"
3pc Ensuite bath	Main level	5'4" x 6'7"
Bedroom	Main level	10'8" x 9'9"
Full bathroom	Main level	4'11" x 6'7"
Laundry room	Main level	Measurements not available

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2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

8 Bedroom 6 Bathroom

Central air conditioning Forced air

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2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

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Ottawa

$589,000

Beds: 3 Baths:3 Sq Ft:Array
Christopher Dolan | Sales Representative

3809 LOGGERS WAY

Kinburn

$459,000

Beds: 3 Baths:2 Sq Ft:Array
John O'Neill | Sales Representative

115 STE-CECILE STREET

Ottawa

$929,900

Beds: 3 Baths:3 Sq Ft:Array
Gil Marques

509 CORRETTO PLACE

Nepean

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Beds: 3 Baths:3 Sq Ft:Array
Calvin Owusu Bequin

21 THUR STREET

Golden Lake

$424,900

Beds: 4 Baths:1 Sq Ft:Array
Dan Vodenicar

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Ottawa

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Ottawa

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Hamid Riahi

18 DRUMMOND STREET W

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Beds: 5 Baths:2 Sq Ft:Array
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Brockville

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Beds: 4 Baths:2 Sq Ft:Array
BRADFORD SMITH

32 RYEBURN DRIVE

Ottawa

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Beds: 4 Baths:3 Sq Ft:Array
Jeffrey Usher

528 ENCLAVE LANE

Rockland

$2,500

Beds: 3 Baths:4 Sq Ft:Array
Raj Sidhu | Broker

833 HERITAGE DRIVE

Merrickville

$749,900

Beds: 3 Baths:2 Sq Ft:Array
Anita deVries Bonneau | Sales Representative

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Prescott

$3,500

Beds: 2 Baths:2 Sq Ft:Array
ROB THOMPSON

1036 BARRYVALE ROAD UNIT4D

Calabogie

$319,900

Beds: 1 Baths:1 Sq Ft:Array
Craig Armstrong | Sales Representative

1564 Scottanne Street

Ottawa

$1,100,000

Beds: 4 Baths:3 Sq Ft:
Craig Armstrong | Sales Representative

75 CLARENCE STREET

Lanark

$440,000

Beds: 4 Baths:2 Sq Ft:Array
Laurie Dillon