16 hours on Market

2364 Cheshire Rd, Ottawa, Ontario K2C 1G3

Detached
3 + 3
2
~1100-1500 sqft
$950,000
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Detached
3 + 3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market16 hours

Estimated valueNot available

Price/Sqft$748/sqft

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Description

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,378 SqFt(126.35 x 50.48)
Parking Spaces3
MLS ®NumberX13039226
Community NameIris
Data SourceTRREB
Listing byDETAILS REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Full

Features

Lot size: 6,378 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Apr 24, 2026
ListedActive
$950,000
16 hours on market
history photo preview50
Listing by trreb®
Property listed by DETAILS REALTY INC., Brokerage
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Market Data - Iris

Geo Zone Map ThumbnailIris

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2025

78 days

2024

5 days

2023

7 days

New Listings

Past 30 days

5 listings

Compared to

2025

0 listing

2024

6 listings

2023

5 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

3 units

2023

6 units

Median Sold Price

Past 30 days

$624,000

Compared to

2025

$654,500

2024

$649,000

2023

$635,500


Population and Demographics

Overview

Total population 5807
Average household income $116,669

Age (%)

0 to 19
19%
20 to 34
28%
35 to 49
17%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
59%
Single person
29%
Multi person
12%
Multi family
1%

Mother tongue (%)

English
75%
French
8%
Arabic
3%
Others
3%
English and French
2%
Vietnamese
2%
Spanish
1%
Mandarin
1%
Italian
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget