$599,000
ActiveAbout this Property
Ideal opportunity for investors seeking strong income potential with two separate rental units. This well-maintained bungalow offers a bright main level featuring 3 bedrooms, 1 full bathroom, and a modern kitchen renovated in 2020, complete with updated appliances, including a washer/dryer combo. The fully renovated lower-level in-law suite (2025) with separate entrance provides excellent secondary income potential, offering 3 bedrooms, 1 full bathroom, a full kitchen, dedicated laundry room, storage room, and cold room. Additional updates include roof replacement in 2020. Situated on a large lot with a private backyard backing onto a greenbelt, this property enjoys no rear neighbors for added privacy. Conveniently located within walking distance to the LRT and college. A solid high-cash-flow investment opportunity with future development potential. Property has been used as a rental and is being sold AS IS, WHERE IS. Offers to be presented Thursday, May 14th at 6:00 PM. Photos will be posted on Saturday.
Listed by IDEAL PROPERTIES REALTY · MLS# X13106128
Features & Details
Property details of 1217 Parkway Drive, Ottawa, ON
Market Insights for Detached in Ottawa
Based on 2,115 sales in the last 90 days · Showing city-wide data
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
2,115
Avg Days on Market
33 days
Avg Price/Sq Ft
$421
Location
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Cash Flow Analysis
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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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