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Listed 2 months ago

2160 Lambeth Walk

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

$1,044,900

Detached|Bungalow
4 | 5 | 3
About this home

Some properties offer space. This one offers options. Fully vacant, professionally painted + move-in/rent-ready legal SDU bungalow in desirable Parkway Park. Ideal for investors, owner-occupants seeking income support, multi-generational households, co-ownership buyers and long-term asset holders. Main Unit: approx. 1,380 sq. ft. with 4 bedrooms, 2.5 baths, main-level laundry and a new unused fridge. Lower Legal SDU: approx. 1,100 sq. ft. with 4 bedrooms, 2 full baths, private side entrance, full kitchen/living space and laundry. Total: 8 bedrooms, 4.5 baths and two self-contained living areas. This is not simply a cosmetic renovation. The lower-level SDU was completed as a substantial documented conversion, including lowered basement floor area with under-floor sanitary pipe replacement, insulation, windows, plumbing, vents, electrical, flooring, staircase, cabinetry, fixtures/finishes, hardwired smoke detectors, metal fire door, separate doorbells, programmable locks, oversized egress window, separate hydro meters and more. Occupancy permit, ESA certificates, city-stamped plans and full update list available. Set your own rents, live in one and rent one, rent both, accommodate extended family, buy with others or hold for long-term flexibility. Rental income may help offset mortgage/carrying costs; buyer to verify financing, rent and expense assumptions. Strong curb appeal, cohesive updates and a large private backyard with patio. Connected west-end location near parks, pathways, Pinecrest Recreation Complex, shopping/dining, Algonquin College, College Square, Queensway Carleton Hospital, Hwy 417 and Iris transit connections. Future upside may include possible coach house/ADU or above-grade expansion, subject to approvals and buyer due diligence. Not just potential - a vacant, legal and ready to go SDU - a documented asset with the hard work already done.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,623
Lot Size55 ft x 95 ft
mls© NumberX13537884
Listed ByRE/MAX HALLMARK REALTY GROUP

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%
$5,348
Property tax
$469
Heat allowance
$150
Housing costs
$5,967 / mo

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

Down payment20% · $208,980
25-yr amortization

Income needed

$184,000

gross annual household income

Payment at 4%
$4,397 / mo
Cash down
$208,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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