The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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).
Property Details
Listing
MLS® number
X14090802
Status
For Sale
Listed
Oct 17, 2026
Last updated
Oct 27, 2026
Possession
Flexible
Building
Type
Detached
Style
Bungalow
Approx. age
Not provided by brokerage
Approx. size
1,100–1,500 ft²
Basement
Full, Finished
Lot
Frontage
16.15 ft
Depth
100.00 ft
Lot area
≈ 1,615 ft² (calculated)
View
South
Community
6304 - Parkway Park
Parking & utilities
Garage
None, 0 spaces
Driveway
4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$5,470 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 3
Kitchens: 2 above grade · 0 below grade
Basement: Full, Finished
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Fireplaces: 1
Exterior
Pool features: None
Property features: Public Transit, Park
Cross street: From Iris, South on Parkway Dr, Right on Drury
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,710/mo
Mortgage (principal + interest)$3,254
Property taxFrom listing: $5,470/yr$456
Minimum $61,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$173,980
Ontario land transfer taxProvincial brackets, no first-time refund$13,873
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$190,653
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Parkway Park - Queensway Terrace S and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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