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    For Sale - 2393 Sheldon Avenue, Parkway Park - Queensway Terrace S and Area, Ontario

    Est payment $4,802/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Renovated all-brick bungalow with legal secondary dwelling for flexible living.
    • Open concept units ideal for investors or multigenerational families.
    • High rental income potential with approximately $67,200 annually.
    • Conveniently located near Highway 417, shops, restaurants, and schools.
    • Private tree-lined backyard perfect for outdoor living and relaxation.




    Welcome to 2393 sheldon avenue - this beautifully renovated 3+3 bedroom 1+1 bathroom all-brick bungalow with a legal secondary dwelling unit, is perfectly situated on a quiet, mature, tree-lined street in the highly sought-after community of queensway terrace south. Extensively updated from top to bottom, these open concept units offer exceptional flexibility for investors, multigenerational families, or owner-occupiers looking to live in one unit while renting the other. The home has been substantially upgraded with brand-new kitchens, separate hydro meters, pex plumbing, appliances, bathrooms, engineered hardwood flooring on the main level, new lower-unit windows, quartz countertops, a new driveway, extensive landscaping, and much more. The upper unit is expected to rent for approximately $2,900/month, while the lower unit is expected to rent for approximately $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing an attractive 5. 8% cap rate. Enjoy the convenience of easy access to highway 417, nearby shopping, restaurants, professional services, public transit, parks, schools, and everyday amenities. The spacious, tree-lined backyard offers a private and peaceful setting for outdoor living and relaxation. Whether you are looking for a strong income-producing asset, a flexible intergenerational home, or a turnkey property in a desirable central location, 2393 sheldon avenue is a fantastic opportunity in one of ottawa's most established neighborhoods.
    Listing IDX13131648
    Address2393 Sheldon Avenue
    CityParkway Park - Queensway Terrace S and A…
    Price$999,990
    Bed / Bath6 / 2 Full
    StyleBungalow, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Accessory Apartment, Water Heater Owned, Separate Hydro Meter, Primary Bedroom - Main Floor, Guest AccommodationsAmenities Fenced Yard, School Bus Route, Rec./Commun.CentreOwnership FreeholdBasement Apartment, Finished, Full, Separate EntranceFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel WoodSewer Sewer

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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2393 Sheldon Avenue
    Parkway Park - Queensway Terrace S and Area , Ontario
    6 2 $999,990
    Get more info