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$ 929,900
Est. payment /mo
New
2393 Sheldon AVE Parkway Park - Queensway Terrace S And Area, ON K2C 1K4
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 6303 - Queensway Terrace South/Ridgeview
MLS Listing ID X13448798
Style Bungalow
Bedrooms 6
Annual Tax Amount $4,614
Tax Year 2025
Property Sub-Type Detached
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 a massive 6.24% 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, Guest Accommodations, Primary Bedroom - Main Floor, Separate Hydro Meter
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