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Listed 22 days ago

2160 Lambeth Walk

6302 - Parkway Park, Parkway Park - Queensway Terrace S and Area

$995,000

Detached|Bungalow
4 | 5 | 3
About this home

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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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,623
Lot Size55 ft x 95 ft
mls© NumberX13844608
Listed ByPAUL RUSHFORTH REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,093
Property tax
$469
Heat allowance
$150
Housing costs
$5,711 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,187 / mo
Cash down
$199,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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