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Investment signal

$874,900

2 FOLKSTONE COURT

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 2 Folkstone Court, a well-maintained legal duplex offering exceptional flexibility for both investors and end users alike. This fully self-contained bungalow features two thoughtfully designed units, each with private living spaces and separate amenities. The main level offers a bright and functional layout with 3 spacious bedrooms, a full bathroom, dedicated laundry, and an updated kitchen that flows seamlessly into the living and dining areas. The lower level features a well-appointed 2 bedroom, 1 bathroom unit complete with its own kitchen, in-suite laundry, and a private entrance located at the rear of the home beside the carport, providing excellent separation and privacy between units. Both units have been updated and are currently tenanted, making this a turnkey investment opportunity with immediate rental income. Each unit also enjoys its own designated outdoor deck space, adding to tenant appeal and overall functionality.Ideal for investors looking to expand their portfolio or buyers seeking a live-in opportunity with supplemental income. Vacant possession will also be available, offering flexibility for future use. Located on a quiet court in a desirable Ottawa neighbourhood close to parks, schools, transit, and amenities (id:65958)

Subtype: Multi-family
Architectural style: Bungalow
Structure: Duplex
Community: 3705 - Sheffield Glen/Industrial Park
Lot dimensions: 59 x 100 FT
Bedrooms: 4 above grade
Parking: 4 total
Stories: 1
On market: Apr 11, 2026
Status changed: Apr 24, 2026
Annual tax: $4,528 (2025)
Photos: 29
MLS#: X12985786
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

FinishedFullApartment in basementSeparate entranceN/AN/AN/A

Appliances

WasherDishwasherDryerTwo stovesTwo Refrigerators

Heating

Heat PumpForced airNot knownNot knownElectricElectricNatural gas

Cooling

Central air conditioning

Exterior

BrickAluminum siding

Foundation

Poured Concrete

Lot

Guest Suite

Utilities

SewerElectricityCable

Negative cash flow ~$965/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.62%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,391

Financing

Down payment$174,980

Loan amount$699,920

Mortgage$3,546/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401

Insurance$80

Maintenance$729

CapEx reserve$365

Vacancy loss$219

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,546/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.