Kanata, ON K2L 1T5,242 Castlefrank RD
Kanata, ON K2L 1T5,242 Castlefrank RD
Kanata, ON K2L 1T5,242 Castlefrank RD
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$699,900
Est. payment /mo
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4 Beds
2 Baths
Active

242 Castlefrank RD Kanata, ON K2L 1T5

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 9003 - Kanata - Glencairn/Hazeldean

MLS Listing ID X12514224

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $3,252

Tax Year 2025

Property Sub-Type Duplex

Lot Depth 100.0

Lot Front 35.0

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Apartment, Full, Finished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter, In-Law Suite, Accessory Apartment

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.0

Lot Depth 100.0

Total Parking Spaces 3

Building

Foundation Concrete

Others

ParcelsYN No


Listed by RE/MAX HALLMARK REALTY GROUP

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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242 Castlefrank RD

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