2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

$979,900

ID# X10419627
Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at over a 6.5% 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)

LEARN MORE ABOUT THIS LISTING

CALL MONICA DIRECT AT

613-725-4121

Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: November 11, 2024

On market: 51 days
Bathroom Total 6
Bedrooms Total 8
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1
BedroomBasement3.37 m x 2.74 m
BedroomBasement3.37 m x 2.69 m
BedroomBasement3.37 m x 2.69 m
Living roomBasement6.65 m x 3.45 m
KitchenBasement2.74 m x 3.45 m
BedroomBasement3.32 m x 2.54 m
Living roomMain level4.26 m x 3.55 m
KitchenMain level2.99 m x 2.43 m
BedroomMain level2.69 m x 3.07 m
BedroomMain level3.07 m x 2.92 m
BedroomMain level3.25 m x 3.14 m
BedroomMain level3.25 m x 2.97 m
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Monica flores

SALES REPRESENTATIVE

Direct: 613-725-4121

mflores@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, ON K2A 1C8

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