Welcome to 242 Castlefrank Road - a FULLY-RENOVATED, turnkey property offering exceptional flexibility as a smart investment or ideal live-in-and-rent opportunity. This home with a LEGAL SECONDARY DWELLING UNIT (SDU) has been renovated top to bottom, featuring two bright and stylish two-bedroom units, each with its own entrance, in-suite laundry and modern finishes throughout. Both suites offer spacious layouts with contemporary white kitchens, quartz countertops, and luxury vinyl plank flooring and the lower unit has large windows that give the unit a bright feel. UPDATES INCLUDE: kitchens, bathrooms, heating system, plumbing, electrical, and more (2021 & 2023). With separate hydro meters, an efficient gas boiler system, and professional property management already in place, this is truly a low-maintenance, TURNKEY investment. GROSS INCOME: $50,088, Expenses $6,108 (approx.) NET $43,980 (approx). Perfect for investors or buyers looking to offset their mortgage with rental income.
Address
242 Castlefrank Road
List Price
$699,900
MLS® Status
New
Expiration Date
2026-02-27
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
Bungalow-Raised
Transaction Type
Sale
Area
Kanata
Sub-Area
9003 - Kanata - Glencairn/Hazeldean
Region
Ottawa
Bedrooms
2 + 2
Bedrooms (Total)
4
Rooms Above Grade
6
Rooms Below Grade
6
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
100
Lot Size Units
Feet
Lot Width
35
Parcel Number
044810077
Occupant Type
Tenant
Cross Street
Terry Fox & Castlefrank
MLS® Number
X12514224
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Basement Area
Apartment, Full, Finished
Postal Code
K2L 1T5
Posession Details
TBD
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$3,252.00
Tax Year
2025
Interior Features
Separate Hydro Meter, In-Law Suite, Accessory Apartment
Central Vacuum
No
Family Room
No
Hydro
Available
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
None
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 876, PL 886 , PART 12 & 30 , 5R2003 ; S/T CT202246,CT228655 KANATA
Waterfront
No
Sewer
Sewer
