2160 Lambeth Walk, Parkway Park - Queensway Terrace S and Area

$995,000
2160 Lambeth Walk

$995,000

New
23d
DetachedBungalow

2160 Lambeth Walk, Parkway Park - Queensway Terrace S and Area

Total Monthly Obligation $4,857

Beds
8
Baths
5
Park
3
Sqft
1100-1500
DOM
23d
Yield
4.1%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13844608
Beds-8
Bathrooms-5
Size-1100-1500 sqft
Lot Size-55 × 95 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,622.72 (2026)
Parking-3 - None
Basement-Separate Entrance, Apartment, Finished
Heating-Forced Air (Gas)
Brokerage-PAUL RUSHFORTH REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-6302 - Parkway Park
Title-Residential Freehold

No agent assigned

Opportunity is best when it offers flexibility. This legal Secondary Dwelling Unit (SDU) bungalow in sought after Parkway Park features two fully self contained residences, making it an outstanding opportunity for investors, homeowners looking to offset their mortgage, or families seeking multi generational living in one of Ottawa's most connected west end neighborhoods. The seller is flexible and can accommodate either a quick closing or a longer possession to suit your needs. The main residence offers approximately 1,380 sq. ft. with 4 bedrooms, 2.5 bathrooms, main floor laundry, a bright open layout, and a brand new refrigerator. The legal lower level suite spans approximately 1,100 sq. ft. and features its own private entrance, 4 bedrooms, 2 full bathrooms, in unit laundry, and an open concept kitchen, dining, and living area. Together, the property offers 8 bedrooms, 4.5 bathrooms, and two completely independent living spaces. Completed through a comprehensive, city approved conversion, the legal SDU includes separate hydro meters, hardwired smoke detectors, oversized egress window, fire separation, updated mechanical systems, and quality finishes throughout. Occupancy permit, ESA certificates, city approved plans, and a complete list of improvements are available. Outside, enjoy excellent curb appeal, cohesive updates, and a large private backyard with a patio. Ideally located just minutes from Algonquin College, College Square, Queensway Carleton Hospital, Pinecrest Recreation Complex, parks, shopping, restaurants, Highway 417, and transit, this is a rare turnkey opportunity in a high demand rental corridor. Future potential may include a coach house or above grade expansion, subject to municipal approvals. A documented legal SDU offering exceptional flexibility, quality craftsmanship, and outstanding long term value.

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Closing Costs

Mortgage Amount
$796,000
Land Transfer Taxes$16,375
Legal Fees (Est.)
$
Total cash required for closing$216,875

Total Monthly Obligation

$4,857/mo
Mortgage $4,014
Monthly Loss $3,801
Principal$1,056
Interest$2,957
Property Tax$469
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2160 Lambeth Walk

Time

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