For Sale: 2393 Sheldon Avenue, Ottawa, ON - REW
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$949,000
6 bd • 2 ba • 1100 - 1499 sf • Multifamily
2393 Sheldon Avenue
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$949,000
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2393 Sheldon AvenueOttawa, ON, K2C 1K4

Iris - Queensway Terrance South
  • 6 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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 an attractive 5.8% 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. (id:63626)
Listed by: Nick Doumkos, Salesperson, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
$949,000
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Gross Taxes for 2025
$4,614
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
7
Parking Details
No Garage
Property Type
Multifamily
Depth
106.3 feet
Frontage
58.0 feet
Style
Bungalow
Exterior Finish
Brick
Heating Type
Forced air, Wood
Cooling
Central air conditioning
Basement Details
Finished, Full, Apartment in basement, Separate entrance, , ,
Features
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Two Refrigerators, Two Washers, Two stoves, Water Heater
Community
Agent details
Primary Agent
Nick Doumkos
Primary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
21 Days
MLS® Number
X13131648
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Our Lady of Victory Elementary School
  • Catholic
  • JK - 6
Pinecrest Public School
  • Public
  • JK - 8
Grant Alternative School
  • Public
  • JK - 6
St Paul School
  • Catholic
  • 7 - 12
Briargreen Public School
  • Public
  • JK - 6
Severn Avenue Public School
  • Public
  • JK - 6
É Élém C Terre-des-Jeunes
  • Catholic
  • JK - 6
Sir Guy Carleton Secondary School
  • Public
  • 9 - 12
Leslie Park Public School
  • Public
  • JK - 6
Sir Robert Borden High School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Nick Doumkos
Phone:
(613) 406-0600
Office:
866-530-7737
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.