| 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. |
| Price | $950,000 |
| Taxes: | $4688.00 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 2364 Cheshire Road , Parkway Park - Queensway Terrace S and A, K2C 1G3, Ottawa |
| Directions/Cross Streets: | Parkway Dr and Cheshire Rd |
| Rooms: | 7 |
| Rooms +: | 6 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Basement |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private, T |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private, T |
| Park #2 | |
| Parking Type: | Private |
| Park #3 | |
| Parking Type: | Tandem |
| Pool: | None |
| Approximatly Square Footage: | 1100-1500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| DETAILS REALTY INC. |
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| Type: | Freehold - Detached |
| Area: | Ottawa |
| Municipality: | Parkway Park - Queensway Terrace S and A |
| Neighbourhood: | 6304 - Parkway Park |
| Style: | Bungalow |
| Tax: | $4,688 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |