2321 Kay Street

If you’re on the lookout for a brilliant investment opportunity, then this house for sale in Ottawa is definitely worth your attention! Nestled at 2321 Kay Street, Ottawa, this stunning detached bungalow is not just a home; it’s a rare income property that promises to tick all the boxes for investors, large families, or homeowners seeking a legal secondary unit.

This property boasts a generous layout, featuring a total of seven rooms across two units, with a combined four bedrooms in the upper unit and three in the lower unit. The address, 2321 Kay Street, Ottawa, is located in the desirable community of 6303 - Queensway Terrace South/Ridgeview, making it an ideal spot for those who appreciate both convenience and comfort.

The main floor of the house features a spacious kitchen equipped with one of the two newly renovated kitchens, complete with quartz countertops and brand-new stainless steel appliances—12 in total! The dining area flows seamlessly from the kitchen, making it perfect for family gatherings. You’ll also find four generously sized bedrooms on this level, alongside a full bathroom that has been tastefully updated.

Now, let’s talk about the lower unit. This apartment is equally impressive, featuring its own new kitchen, two full bathrooms (one being an ensuite), and three additional bedrooms. With large windows allowing plenty of natural light to flood in, the lower level feels bright and welcoming. The separate entrance adds an extra layer of privacy, making it perfect for tenants or extended family members.

While this house for sale in Ottawa does not have a pool or a family room, it compensates with its ample parking space. The property includes a detached garage that can accommodate one vehicle, alongside a long covered carport and a double driveway that can fit up to six cars. So, whether you have guests over or are simply looking to park your vehicles, you’ll never be short on space.

Heating is provided by a forced air system, and the home is equipped with central air conditioning, ensuring comfort all year round. The property is connected to municipal water and sewer services, adding to its convenience.

Another noteworthy feature of this house for sale in Ottawa is its prime location. Just a five-minute drive from Algonquin College and mere steps away from public transit and Baseline Road, you’ll find that everything you need is right at your fingertips. This makes it an attractive proposition for potential tenants, with projected rent reaching around £6000 per month, thanks to the two separate hydro meters already in place.

The entire property has been newly renovated, with three full bathrooms and new flooring, paint, and trims throughout. The attention to detail is evident, making this house not only a great investment but also a lovely place to call home.

If you’re interested in viewing this property, be sure to check out the video, floor plans, and photos available. With both units vacant and ready for new tenants, this house for sale in Ottawa at 2321 Kay Street, Ottawa, is a fantastic opportunity you won’t want to miss. Whether you’re looking to invest or seeking a home with a secondary income stream, this bungalow has it all. Don’t hesitate—properties like this don’t stay on the market for long!

Queensway Terrace South/Ridgeview, nestled in the vibrant city of Ottawa, offers a charming blend of suburban tranquillity and urban convenience. This picturesque neighbourhood is characterised by its leafy streets, well-maintained parks, and a variety of local amenities, making it an ideal place for families and individuals alike. Residents enjoy easy access to essential services, shopping centres, and recreational facilities, while the nearby Ottawa River provides opportunities for outdoor activities and scenic walks. With a strong sense of community spirit and a welcoming atmosphere, Queensway Terrace South/Ridgeview presents a delightful environment for those seeking a peaceful yet connected lifestyle in Canada’s capital.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs for families. Within a short distance, you'll find Pinecrest Public School, an English-language elementary school rated 3.5, just 0.9 km away, and Our Lady of Victory Catholic School, also an elementary institution, only 0.4 km from your doorstep, with a rating of 5.2. For those seeking French-language education, Severn Avenue Public School offers grades JK to 6 and boasts a commendable rating of 8.2, located 1.2 km away. Secondary education options include Sir Guy Carleton Secondary School, which is 1.2 km away but has a lower rating of 0.6, and the more highly-rated St. Paul High School, 1.4 km away, rated at 7.7. Additionally, Sir Robert Borden High School offers French-language instruction for grades 7 to 12, located 1.8 km from the property, with a rating of 6.9. Overall, this area provides a diverse selection of quality schools, making it an attractive choice for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 514 residents, with an average household size of 2.4 individuals. The community is characterized by a relatively mature demographic, with an average age of 45.4 years. The average household income stands at an impressive $123,000, indicating a prosperous community, with only 2.8% of the population classified as low-income. The average home price in the area is $655,000, reflecting the demand for housing in this desirable location. The population is diverse, with 22.47% being immigrants, and a significant portion of the community, 41.38%, consists of households with children. Single individuals make up 45.05% of the population, while renters account for 19.51%. Notably, there are no condominiums in the area, suggesting a preference for other housing types. Education levels are high, with 61.45% of residents holding a college or university degree. However, a considerable segment, 31.33%, is not participating in the labor force, which may indicate a mix of retirees or individuals pursuing education. Overall, this community presents a blend of stability, educational attainment, and a family-oriented atmosphere.