$599,000
2338 Dempsey Avenue
Parkway Park, Ottawa
- 3 bd
- 2 ba
- House
1 / 22
$749,900
Parkway Park, Ottawa, ON K2C2Y1 · MLS® X14154032
INVESTORS & LARGE FAMILIES! Fully renovated, this city-approved, legal secondary dwelling is an absolute dream. Boasting 8 bedrooms total, 4 upstairs and 4 in the lower level, this turnkey bungalow offers incredible rental returns or a beautiful, unified living space for a large multi-generational family. Located just minutes from Algonquin College, the 417 highway, and every amenity you could ever need, its premium location ensures high tenant demand and effortless commuting. Inside, no expense has been spared. The property features two stunning, sleek modern kitchens equipped to handle busy households, along with two fully renovated, contemporary bathrooms. Step outside to a massive, mostly fenced-in backyard that offers the perfect canvas for summer BBQs, family get-togethers, or a private retreat for tenants. With updated mechanicals and high-end finishes throughout, this city-certified property promises low-maintenance living and consistent value for years to come. Live in one unit and rent the other, host the entire family under one roof, or cash flow the ultimate student rental portfolio. This is a rare, high-yield opportunity in a prime central location. Book your private showing today before it's gone! 4 bedrooms and 1 kitchen above grade, 4 bedrooms and 1 kitchen below grade. 24hr irrevocable on all offers. (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 Bennett Property Shop Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.