2300 Elmira Drive, Ottawa, ON, K2C 1H4 - investment for sale | Listing ID 1402831

2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

MLS® # 1402831

Investment For Sale In Iris, Ottawa, Ontario

$999,000

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2300 Elmira Drive, Ottawa, ON - Indoor Photo Showing Kitchen

2300 Elmira Drive, Ottawa, ON - Indoor Photo Showing Other Room

2300 Elmira Drive, Ottawa, ON - Indoor Photo Showing Bedroom

2300 Elmira Drive, Ottawa, ON - Indoor Photo Showing Bathroom

2300 Elmira Drive, Ottawa, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen

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Get a home insurance quote online for this $999,000 property in Ottawa

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2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

$999,000

Property Information:

Welcome to this wonderfully designed LEGAL SDU home that maximizes your returns at a 6.7% 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 $14,535 (utilities, insurance, prop tax and snow removal) for an NOI of $67,029, the investment opportunity at 2300 Elmira is undeniable as it provides some of the best returns you can find in the city. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Siding
Flooring Type: Vinyl
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

Property Type: Multi-family
Built in: 1961
Current Use: Development residential
Irregular: Yes
Lease Type: Gross
Lot Frontage: 52.0 Feet
Lot Size: 52 ft X 0 ft (Irregular Lot)
Zoning: Residential
Sewer: Municipal sewage system
Parking Type: Surfaced
No. of Parking Spaces: 4

Courtesy of: RE/MAX HALLMARK REALTY GROUP

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

Location of 2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 2300 ELMIRA DRIVE , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past

31.3℃

2050

34.8℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 2300 ELMIRA DRIVE , experiences 11 significant 2-day storms per year, with about 313.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 399.7mm of precipitation per year.

Precipitation Per Storm

Past

313.7mm

2050

399.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$109,518.75

Average Number of Children

1.92

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.77 %

High school certificate or equivalent

31.62 %

Apprenticeship trade certificate/diploma

3.95 %

College/non-university certificate

25.26 %

University certificate (below bachelor)

2.01 %

University Degree

24.38 %

Commuter

Travel To Work

By Car

73.69 %

By Public Transit

14.83 %

By Walking

6.77 %

By Bicycle

2.89 %

By Other Methods

1.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.24 %

Houses

89.76 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2300 ELMIRA DRIVE, Ottawa, Ontario, K2C 1H4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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