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Investment signal

$749,900

2343 CHURCH STREET

Save this home

Beds

6

Baths

4 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Non-conforming suite

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

Turn-Key Duplex with Accessory Unit! Exceptional Investment Opportunity! This well maintained, income generating property offers a Strong 7.1% CAP RATE and backs onto a serene creek with beautiful water views. The property features THREE Self Contained units: 3 Bedroom, 2 Bedroom, and a Bachelor unit. Currently fully rented, with one unit owner occupied, this is a fantastic opportunity for investors or owner occupiers alike. Equipped with 2 Hydro meters and 2 Gas meters, & serviced by well and septic, the property is both efficient and cost conscious. Tenants pay their own utilities as well as yard & driveway maintenance. (Note: Unit 2 covers the hydro & heat for Unit 3). UNIT 1: Bright 2 Bedroom, 1.5 Bathroom unit featuring hardwood flooring throughout the main level, pot lights, and an open concept layout. Enjoy direct access to a private backyard deck and a convenient powder room. Upstairs offers two spacious bedrooms, a full bathroom with a skylight, & in unit Laundry. Includes a private driveway with parking for up to 4 vehicles. UNIT 2: Charming 3 Bedroom, 1 Bathroom unit full of character, featuring high ceilings, hardwood floors, and generous living spaces. Functional kitchen with an adjacent laundry closet. Upper level includes three bedrooms & a full bathroom. Backyard access, parking for 2 vehicles included & Owner Occupied. UNIT 3: Non-conforming Bachelor unit located on the main floor with a separate entrance, clean and efficient with its own kitchen, full bathroom, & laundry. A great low maintenance rental option with 2 dedicated parking spaces. Additional highlights include a Detached 2 Car Garage offering excellent storage, a low unfinished basement for easy utility servicing, and a sidewalk right out front for added convenience. Ideally located in the heart of North Gower, within walking distance to shopping, parks, restaurants, and the LCBO. A rare, turn-key investment, this is the one you've been waiting for! Financials Available (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
8009 - North Gower
Lot dimensions
176.6 x 75.9 FT
Bedrooms
6 above grade
Parking
10 total
Stories
2
On market
Apr 15, 2026
Status changed
Apr 24, 2026
Annual tax
$3,873 (2025)
Photos
50
MLS#
X13001686
Area
OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

StonePoured Concrete

View

Direct Water View

Waterfront

Waterfront on creek
Negative cash flow ~$838/mo at these assumptions

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,632

Financing

Down payment$149,980
Loan amount$599,920
Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$312
Vacancy loss$188

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 $3,040/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.

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