$979,900

ID# 1419451

2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4

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)

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

On market: 10 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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TEXT ME

Philip Côté

REALTOR®

Direct: 613-299-5388

philcote@royallepage.ca

Royal LePage Team Realty

5510 MANOTICK MAIN STREET

MANOTICK, ON K4M 1A7

613-299-5388

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EMAIL PHILIP

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2300 ELMIRA DRIVE Ottawa, Ontario K2C1H4

2300 ELMIRA DRIVE
Ottawa, Ontario K2C1H4