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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$979,900
Available - For Sale
Listing ID: X10419627
2300 ELMIRA Dr , Parkway Park - Queensway Terrace S and A, K2C 1H4, Ontario


Flooring: Vinyl, Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.9% 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 $81,564, and low expenses of $14535 (utilities, insurance, prop tax and snow removal) for an NOI of $67329, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city.
Price $979,900
Taxes: $4500.00
Address: 2300 ELMIRA Dr , Parkway Park - Queensway Terrace S and A, K2C 1H4, Ontario
Directions/Cross Streets: Iris to Elmira
Rooms: 10
Bedrooms: 4
Bedrooms +: 4
Kitchens: 1
Kitchens +: 1
Family Room: N
Basement: Finished, Full
Property Type: Detached
Style: Bungalow
Exterior: Brick, Other
Garage Type: Public
Pool: None
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Parkway Park - Queensway Terrace S and A
Neighbourhood: 6302 - Parkway Park
Style: Bungalow
Lot Size: 52.00 x 0.00(Feet)
Approximate Age:
Tax: $4,500
Maintenance Fee: $0
Beds: 4+4
Baths: 6
Garage: 0
Fireplace:
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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