$1,100,000

26 Majestic Drive

Manordale, Ottawa, ON K2G1C7 · MLS® X13704868

  • 7Bedrooms
  • 3Bathrooms
  • 5Parking

About this property

Steps from Algonquin College - Fully Legal Renovated Bungalow with Two Units (4+3 Beds). Exceptional income or multi-family opportunity in a prime location. This fully legal, renovated detached bungalow offers two self-contained units with separate entrances, featuring 3 new full bathrooms, 2 quartz-countertop kitchens, and stainless steel appliances. The main floor includes a bright family room, kitchen, dining area, laundry, 4 bedrooms, and a full bath. The lower unit offers its own kitchen, laundry, 3 bedrooms, and 2 full bathrooms (including en-suite) with large windows for excellent natural lights . Major upgrades completed in 2024 (furnace, A/C, hot water tank). Located 5 minutes from Algonquin College, steps to transit, and close to Baseline Rd & Hunt Club. Parking for up to 5 vehicles with a covered carport and long double driveway. Two separate hydro meters. Currently rented for $6,000/month: Upstairs: $3,100/month Downstairs: $2,900/month Leases expire June 2027 (id:65933)

Type
House
Category
Single Family
Annual taxes
$4,350
Updated
Aug 27, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Performance Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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