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

    Est payment $4,225/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Renovated all-brick bungalow with a legal secondary dwelling unit.
    • Open concept layout allows flexibility for families or investors.
    • Updated kitchens, bathrooms, and flooring throughout the home.
    • Expected rental income provides a solid investment opportunity.
    • Quiet, tree-lined street close to amenities and parks.




    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 $2,900/month, while the lower unit is expected to rent for $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing a massive 6. 6% 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 IDX13537928
    Address2393 Sheldon Avenue
    CityParkway Park - Queensway Terrace S and A…
    Price$879,900
    Bed / Bath6 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Upgraded Insulation, Water HeaterAmenities Park, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdWaterfront NoneBasement Apartment, Finished, FullFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 7.00
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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 $879,900
    Get more info