2364 Cheshire Road Unit Unit A and B
6304 - Parkway Park / Parkway Park - Queensway Terrace S and Area, ON K2C 1G3
About This Property
Excellent investment opportunity with a LEGAL Secondary Dwelling Unit (SDU) in the highly desirable Parkway Park neighbourhood! Whether you're an investor looking to maximize cash flow, a homeowner hoping to offset your mortgage, or a family seeking multi-generational living, this move-in ready 2 legal units property offers exceptional flexibility and income potential. Both units are vacant, allowing the new owner to select their own tenants and set current market rents from day one. With separate hydro meters, managing expenses is simple and efficient. The bright main level features an inviting open-concept layout with large windows, a beautifully updated kitchen complete with quartz countertops, modern cabinetry, stainless steel appliances, and generous workspace. Three spacious bedrooms and an updated full bathroom complete this level. The fully finished LEGAL lower-level apartment offers its own private entrance, large windows, an open-concept kitchen and living area, three generous bedrooms, a full bathroom, and excellent storage, creating a comfortable and desirable rental unit or ideal space for extended family. Situated on a generous 50 x 126 ft lot, this well-maintained property has benefited from numerous updates over the years. Location is everything. Just minutes from Algonquin College, Queensway Carleton Hospital, Highway 417, Iris Street, the future Iris LRT Station, shopping, parks, schools, public transit, and only a short commute to Downtown Ottawa, Kanata and Barrhaven, this property is perfectly positioned to attract quality tenants and enjoy long-term appreciation. A rare opportunity to own a well-maintained, income-generating property in one of Ottawa's most convenient central locations. Be sure to view the floor plans, video and extensive photo gallery.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13579826
Listed by DETAILS REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,028
/month · $659,920 mortgage
Amortization
Total Interest
$548,509
Total Cost
$1,208,429
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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