| 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. |
| Price | $999,990 |
| Taxes: | $4614.00 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 2393 Sheldon Avenue , Parkway Park - Queensway Terrace S and A, K2C 1K4, Ottawa |
| Directions/Cross Streets: | Baseline Road & Southwood Drive |
| Rooms: | 9 |
| Rooms +: | 9 |
| Bedrooms: | 3 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Apartment, Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 4 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | Bungalow |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 7 |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Fenced Yard, School Bus Route |
| 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: | Y |
| 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. |
| EXP REALTY |
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| Book Showing | Email a Friend |
| Type: | Freehold - Duplex |
| Area: | Ottawa |
| Municipality: | Parkway Park - Queensway Terrace S and A |
| Neighbourhood: | 6303 - Queensway Terrace South/Ridgeview |
| Style: | Bungalow |
| Tax: | $4,614 |
| Beds: | 3+3 |
| Baths: | 2 |
| Fireplace: | Y |
| Pool: | None |