Rana Rehan - Real Estate

MLS Status: New
Occupant: Vacant
Cross Street: From Iris, South on Parkway Dr, Right on Drury
County: Ottawa
Possession: Flexible
Style: Bungalow
Basement: Full, Finished
Roof: Asphalt Shingle

Active For Sale Detached

About This Property

RARE INVESTMENT OPPORTUNITY! TWO-UNIT, 3+3 BEDROOM DETACHED BUNGALOW WITH A LEGAL SECONDARY DWELLING UNIT (SDU) IN THE HIGHLY DESIRABLE PARKWAY PARK NEIGHBOURHOOD! This versatile property is ideal for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income. BOTH UNITS ARE VACANT AND MOVE-IN READY, allowing you to select your own tenants and maximize rental potential from day one. The property includes 12 appliances: 2 refrigerators, 2 stoves, 2 dishwashers, 2 microwave range hoods, 2 washers, and 2 dryers. The bright main-floor unit features a welcoming living area, kitchen, dining area, separate laundry, 3 spacious bedrooms, and a full bathroom. The fully finished LEGAL lower-level unit features a private entrance, large windows, an open-concept kitchen and living area, 3 bedrooms, a full bathroom, separate laundry, new flooring, fresh paint, and brand-new washer, dishwasher, stove, and refrigerator (2026). Separate hydro meters for added convenience. Situated on a generous 53 x 100 ft lot with a long driveway, this property is ideally located minutes from Algonquin College, Queensway Carleton Hospital, Baseline Road, public transit, Highway 417, shopping, parks, schools, and the future Iris LRT Station, with easy access to Downtown Ottawa, Kanata, and Barrhaven. Projected rental income of approximately $4,500/month! An excellent opportunity to own a versatile, income-generating property in a convenient central Ottawa location. Recent updates include fresh paint throughout (2026), a BRAND-NEW deck, furnace, and hot water tank (2026).