| Property TypeMulti-family | Built in1961 |
|
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:16400) |
| LeaseGross | Parking Spaces4 |
| TransactionFor sale | Zoning DescriptionResidential |
| Basement DevelopmentFinished | BasementFull (Finished) |
| Constructed Date1961 | CoolingCentral air conditioning |
| Exterior FinishBrick, Siding | FlooringVinyl |
| FoundationBlock | Heating FuelNatural gas |
| HeatingForced air | Storeys Total1 |
| TypeDuplex | Utility WaterMunicipal water |
| Size Frontage52 ft | Current UseDevelopment residential |
| SewerMunicipal sewage system | Size Irregular52 ft X 0 ft (Irregular Lot) |
Listing Office: RE/MAX HALLMARK REALTY GROUP
Data Provided by Ottawa Real Estate Board
Last Modified :22/07/2024 03:11:26 PM
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