$723,900
Ottawa
91 Sheldrake Drive, Ottawa, Ontario, K2L1T1
This multi-family property in Ottawa is for sale offering roughly 900 sq ft of space. It has been on the market 47 days, fresher than the Ottawa average of 62 days.
The Ultimate Income-Generator & Modern Masterpiece! Welcome to a rare turnkey opportunity in one of the city's most sought-after neighbourhoods. Whether you are an investor looking for a high-yield property or a homeowner seeking a "mortgage helper" that doesn't feel like a basement, this beautifully renovated bungalow delivers on every front. The sun-drenched & sophisticated upper level features a sleek, modern aesthetic with high-end finishes and an open-concept layout. Large windows flood the space with natural light, highlighting the premium flooring and contemporary kitchen. This apartment offers 3 spacious bedrooms, a full modern bath and a 3 piece ensuite bath. Bonus: A fantastic,reliable tenant is already in place, providing immediate cash flow from day one. The lower level is a Legal, Luxury Secondary Suite. This isn't your average basement apartment. Fully legal, this bright 3-bedroom, 2 bath unit mirrors the quality of the upstairs. Currently vacant-perfect for a multi-generational family, or set your own "top dollar" market rent. Features a modern kitchen, egress windows for safety and light, and premium finishes throughout. Enjoy a massive rear deck perfect for summer BBQs, overlooking a fully fenced, private yard. Includes a sturdy shed for all your seasonal gear. No more juggling cars-the oversized driveway comfortably accommodates 4 vehicles. Situated in a quiet, family-friendly pocket where everything is at your doorstep. Steps from scenic parks, hiking trails, and the local arena. Minutes to top-rated schools,major shopping centres, and public transit for an easy commute. Properties with this level of finish and "Legal Suite" status are rare. With the upper tenant settled and the lower unit ready for occupancy, the math simply works. 24 hours notice for showings. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 62 days across the listings currently for sale in this city
This 6-bed multi-family in Ottawa has been listed for 47 days, which is 15 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $723,900, about 6.8× the local median household income of $106,000.
Carrying it typically needs a household income of about $141,403 (20% down, 25-yr amortization, stress-tested) — roughly 33% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2L)
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