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2364 Cheshire Road, Ottawa, ON 50 photos

$950,000

Active
2364 Cheshire Road, Ottawa, ON· Parkway Park
3+3
Bedrooms
2
Bathrooms
1100-1500
Sq Ft
3 (None)
Parking

About this Property

Turnkey investment opportunity in Parkway Park! This legal 2-unit bungalow with coach house potential offers strong income today with even greater upside tomorrow. The property features two fully self-contained 3-bedroom units, each with 1 full bathroom and open-concept kitchen and dining areas. Both levels are bright and inviting, with large windows and functional layouts that appeal to quality tenants. Ideal for dual rental income, multi-generational living, or owner-occupy with supplemental income. Extensively updated for peace of mind, including all newer windows, roof, furnace, two owned hot water tanks, and upgraded 200-amp electrical service with two separate panels-a rare and valuable feature for multi-unit properties. Situated on a generous 50 x 126 ft lot, this property presents excellent redevelopment potential, including the possibility of adding a future coach house (buyer to verify zoning and approvals)-creating a potential 3-unit income property. Located in a high-demand rental area, just steps to College Square and Algonquin College, and minutes to Queensway Carleton Hospital. Enjoy quick access to Highway 417, a short commute to downtown Ottawa, and easy connectivity to Kanata and Barrhaven - making this an ideal location for tenants and long-term appreciation. Strong fundamentals, major capital upgrades, and significant upside-a rare opportunity to secure a cash-flowing asset with future development potential in one of Ottawa's most convenient neighbourhoods.

Listed by DETAILS REALTY INC. · MLS# X13039226

Features & Details

Property details of 2364 Cheshire Road, Ottawa, ON

Property TypeDetached
StyleBungalow
Size1100-1500 sq ft
BasementApartment, Full, Separate Entrance
Total Parking3

Mortgage Calculator

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Mortgage Payment$4,667/monthly
Principal Amount$760,000
Interest$640,119
Total Payable$1,400,119
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,667
Mortgage + Expenses$4,667
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Monthly Cash Flow-$4,667

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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