2408 Drury Lane, Parkway Park - Queensway Terrace S and Area
$869,900
2408 Drury Lane, Parkway Park - Queensway Terrace S and Area
Total Monthly Obligation $4,340
No agent assigned
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).
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 2408 Drury Lane
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