2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
2393 Sheldon AVE, Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
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Gary Underwood

Gary Underwood

+1(613) 862-3420
$ 949,000
Est. payment | /mo

6 Beds

2 Baths

Save
$ 949,000
Est. payment | /mo
Save

6 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 6303 - Queensway Terrace South/Ridgeview

MLS Listing ID X13131648

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,614

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Basement Apartment, Finished, Full, Separate Entrance

Kitchen 2

Interior

Interior Features Accessory Apartment, Water Heater Owned, Separate Hydro Meter, Primary Bedroom - Main Floor, Guest Accommodations

Cooling Central Air

Inclusions 2 washers, 2 dryers, 2 fridges, 2 stoves, 2 dishwashers, 1 microwave, 1 hood fan

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 7

Building

Foundation Poured Concrete

Lited by EXP REALTY

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2393 Sheldon AVE