Turnkey investment opportunity in Parkway Park! This legal 2-unit bungalow with coach house potential offers strong income today with even greater upside tomorrow. The property features two fully self-contained 3-bedroom units, each with 1 full bathroom and open-concept kitchen and dining areas. Both levels are bright and inviting, with large windows and functional layouts that appeal to quality tenants. Ideal for dual rental income, multi-generational living, or owner-occupy with supplemental income. Extensively updated for peace of mind, including all newer windows, roof, furnace, two owned hot water tanks, and upgraded 200-amp electrical service with two separate panels-a rare and valuable feature for multi-unit properties. Situated on a generous 50 x 126 ft lot, this property presents excellent redevelopment potential, including the possibility of adding a future coach house (buyer to verify zoning and approvals)-creating a potential 3-unit income property. Located in a high-demand rental area, just steps to College Square and Algonquin College, and minutes to Queensway Carleton Hospital. Enjoy quick access to Highway 417, a short commute to downtown Ottawa, and easy connectivity to Kanata and Barrhaven - making this an ideal location for tenants and long-term appreciation. Strong fundamentals, major capital upgrades, and significant upside-a rare opportunity to secure a cash-flowing asset with future development potential in one of Ottawa's most convenient neighbourhoods. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Architectural Style: Bungalow
- Ownership: Freehold
- Parking Spaces: 3
- Transaction: For sale
Building
- Amenities: Separate Electricity Meters
- Appliances: Water meter, Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
- Architectural Style: Bungalow
- BasementType: N/A, Full, N/A
- Basement Features: Apartment in basement, Separate entrance
- Bedrooms Main Level: 3
- Bedrooms Lower Level: 3
- Construction Style Attachment: Detached
- Cooling: Central air conditioning
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 2
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: House
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 50 ft ,6 in
- Size Irregular: 50.5 x 126.4 FT
Listing provided by DETAILS REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2364 CHESHIRE ROAD in Ottawa Ontario. It was last modified on April 24th, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa homes for sale.