Multi-unit
$723,900
91 Sheldrake Drive
Kanata - Glencairn/Hazeldean, Ottawa
- 6 bd
- 4 ba
- Duplex
1 / 24
$729,900
Kanata - Glencairn/Hazeldean, Ottawa, ON K2L1L9 · MLS® X13846620
Welcome to 11 Courtney Road, a versatile bungalow with a legal secondary dwelling, ideally situated on a quiet, child-friendly street in Kanata. An excellent opportunity for homeowners looking to offset their mortgage with rental income, multi-generational families, or investors seeking a two-unit property. The bright 3-bedroom main-level unit will be vacant on closing, giving the new owner the flexibility to move in immediately or rent it out. Featuring hardwood flooring, generous living and dining spaces, a functional kitchen with ample cabinetry and a full bathroom. The legal 2-bedroom lower-level unit was completed in 2019 and features its own completely separate entrance, spacious open-concept living area, full bathroom, laundry and an impressive kitchen with abundant cabinetry, island and stainless steel appliances. Numerous pot lights with dimmers create a bright, modern atmosphere throughout. Currently rented for $2,195/month on a month to month lease, the lower unit provides immediate rental income from day one. Outside, enjoy a large fenced backyard with mature trees, green space, extensive interlock patio and walkways, storage shed and above-ground pool. Parking for up to 6 cars! Conveniently located near parks, schools, bus service, T&T Supermarket, Hazeldean Mall, shopping, restaurants and everyday amenities. Move upstairs and benefit from $2,195/month in existing rental income, accommodate extended family, or rent both units for additional income potential. A rare combination of flexibility, location and income opportunity! (id:65933)
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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 Re/Max Delta Realty Team.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.