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Jeff Balys

jeff@balys.org +1(613) 795-3947

$ 879,900

Est. payment | -/mo

6 Beds

2 Baths

Save

$ 879,900

Est. payment | -/mo

Save

6 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 6303 - Queensway Terrace South/Ridgeview

MLS Listing ID X13537928

Style Bungalow

Bedrooms 6

Annual Tax Amount $4,614

Tax Year 2025

Property Sub-Type Duplex

Property Description

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 $2,900/month, while the lower unit is expected to rent for $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing a massive 6.6% 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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Apartment, Finished, Full

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Upgraded Insulation, Water Heater

Cooling Central Air

Fireplaces Type Wood

Fireplace Yes

Heat Source Gas

Exterior

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 58.0

Lot Depth 106.28

Total Parking Spaces 7

Building

Unit Features Park,Public Transit,Rec./Commun.Centre,School

Foundation Poured Concrete

Others

Security Features Smoke Detector,Carbon Monoxide Detectors,Other

ParcelsYN No

Listed by EXP REALTY

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 795-3947

jeff@balys.org

Ottawa Ontario, Canada

2393 Sheldon AVE Parkway Park - Queensway Terrace S And Area, ON K2C 1K4

Jeff Balys

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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2393 Sheldon AVE