2393 Sheldon Avenue, Parkway Park - Queensway Terrace S and Area, ON K2C 1K4
Parkway Park - Queensway Terrace S and Area, ON, K2C 1K4 · 6303 - Queensway Terrace South/Ridgeview
About this property
Welcome to 2393 Sheldon Avenue - this beautifully renovated 3+3 bedroom 1+1 bathroom all-brick bungalow with a legal secondary dwelling unit, is perfectly situated on a quiet, mature, tree-lined street in the highly sought-after community of Queensway Terrace South. Extensively updated from top to bottom, these open concept units offer exceptional flexibility for investors, multigenerational families, or owner-occupiers looking to live in one unit while renting the other. The home has been substantially upgraded with brand-new kitchens, separate hydro meters, pex plumbing, appliances, bathrooms, engineered hardwood flooring on the main level, new lower-unit windows, quartz countertops, a new driveway, extensive landscaping, and much more. The upper unit is expected to rent for approximately $2,900/month, while the lower unit is expected to rent for approximately $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing a massive 6.24% cap rate. Enjoy the convenience of easy access to Highway 417, nearby shopping, restaurants, professional services, public transit, parks, schools, and everyday amenities. The spacious, tree-lined backyard offers a private and peaceful setting for outdoor living and relaxation. Whether you are looking for a strong income-producing asset, a flexible intergenerational home, or a turnkey property in a desirable central location, 2393 Sheldon Avenue is a fantastic opportunity in one of Ottawa's most established neighborhoods.
Features & Amenities
- Basement: Apartment, Finished, Full, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Wood
- Style: Bungalow
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Basement | Apartment, Finished, Full, Separate Entrance |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Forced Air |
| Heat Source | Wood |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,614 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment, Guest Accommodations, Primary Bedroom - Main Floor, Separate Hydro Meter
- Fireplace
- Yes
Exterior Features
- Other Structures
- Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Finished, Full, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Wood
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
- Parking Total
- 7.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 106.28
- Lot Width
- 58.00
Community & Neighborhood
- Property Features
- Fenced Yard, School Bus Route, Rec./Commun.Centre
Financial & Tax
- Tax Annual Amount
- $4,614
- Tax Year
- 2025
- Possession Type
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 9
- Rooms Below Grade
- 9
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 3
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- North
- County Or Parish
- Ottawa
- Cross Street
- Baseline Road & Southwood Drive
- Directions
- Iris Street to Cobden Road - right on Ryan Drive - left on Tompkins Street - left on Sheldon Avenue
- Special Designation
- Unknown
- Showing Requirements
- Go Direct
Location
2393 Sheldon Avenue, Parkway Park - Queensway Terrace S and Area, ON K2C 1K4, Parkway Park - Queensway Terrace S and Area, ON, K2C 1K4