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 $2,900/month, while the lower unit is expected to rent for $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing a massive 6.6% 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 & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X13537928
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,100 sq ft
Beds / Baths	6 bed · 2 bath
Neighbourhood	6303 - Queensway Terrace South/Ridgeview
City	Parkway Park - Queensway Terrace S and Area
Postal Code	K2C 1K4
Province	ON
Listed Date	July 8, 2026
Brokerage	EXP REALTY