2364 CHESHIRE ROAD|Ottawa, Ontario K2C1G3
| $ 899,000 | 6 days ago |
Property Description
RARE INCOME PROPERTY!-Two unit 3+3 bedrooms detached bungalow with FULLY LEGAL SDU! Turnkey investment opportunity in Parkway Park! This legal 2-unit bungalow with coach house potential offers strong income today with even greater upside tomorrow. The property features two fully self-contained 3-bedroom units, each with 1 full bathroom and open-concept kitchen and dining areas. Both levels are bright and inviting, with large windows and functional layouts that appeal to quality tenants. Ideal for dual rental income, multi-generational living, or owner-occupy with supplemental income. Extensively updated for peace of mind, including all newer windows, roof, furnace, two owned hot water tanks, and upgraded 200-amp electrical service with two separate panels-a rare and valuable feature for multi-unit properties. Situated on a generous 50 x 126 ft lot, this property presents excellent redevelopment potential, including the possibility of adding a future coach house (buyer to verify zoning and approvals)-creating a potential 3-unit income property. Located in a high-demand rental area, just steps to College Square and Algonquin College, and minutes to Queensway Carleton Hospital. Enjoy quick access to Highway 417, a short commute to downtown Ottawa, and easy connectivity to Kanata and Barrhaven - making this an ideal location for tenants and long-term appreciation. Strong fundamentals, major capital upgrades, and significant upside-a rare opportunity to secure a cash-flowing asset with future development potential in one of Ottawa's most convenient neighbourhoods. 2 hydro meters, 200 amp service, Windows, roof, furnace, AC, Hot water tanks, basement walls spray insulation, all updated 2016. (42793331)
Property Highlights
🍎 Essential Lifestyle & Services
Enjoy the perfect balance of lifestyle and connectivity. You're just moments away from top-rated supermarkets, cafes, schools, parks, and essential healthcare facilities. For commuters, you have easy access to both GO Transit and local bus routes, making this the perfect location for your lifestyle.
📍 2364 CHESHIRE ROAD|Ottawa, Ontario K2C1G3
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$ 899,000
6 days agoAvailable: 0 Square Feet
0 Square Feet |
$0.00 CAD
(0%)
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Investment Type
Onetime
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Profit
$899,000.00 CAD
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Profit Schedule
Onetime
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Capital Back
Yes
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Profit Return
After Investment Completion
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