Listed by Exp Realty.

2393 Sheldon Avenue is a Detached, Bungalow and is currently for Sale @ $929,900. Taxes in 2025 were $4,614.00.

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Welcome to 2393 Sheldon Avenue - this beautifully renovated 3+3 bedroom 1+1 bathroom all-brick bungalow with a legal secondary dwelling unit, is perfectly situated on a quiet, mature, tree-lined street in the highly sought-after community of Queensway Terrace South. The Bungalow on 2393 Sheldon Avenue has 3 bedrooms, 2 bathrooms, and is located on a 106.28 x 58 ft lot in the community of Queensway Terrace South/Ridgeview . Extensively updated from top to bottom, these open concept units offer exceptional flexibility for investors, multigenerational families, or owner-occupiers looking to live in one unit while renting the other. The home has been substantially upgraded with brand-new kitchens, separate hydro meters, pex plumbing, appliances, bathrooms, engineered hardwood flooring on the main level, new lower-unit windows, quartz countertops, a new driveway, extensive landscaping, and much more. The upper unit is expected to rent for approximately $2,900/month, while the lower unit is expected to rent for approximately $2,700/month, generating projected gross income of approximately $67,200 annually and estimated net income of approximately $58,000 - representing a massive 6.24% cap rate. Enjoy the convenience of easy access to Highway 417, nearby shopping, restaurants, professional services, public transit, parks, schools, and everyday amenities. The spacious, tree-lined backyard offers a private and peaceful setting for outdoor living and relaxation. Whether you are looking for a strong income-producing asset, a flexible intergenerational home, or a turnkey property in a desirable central location, 2393 Sheldon Avenue is a fantastic opportunity in one of Ottawa's most established neighborhoods.

2 washers, 2 dryers, 2 fridges, 2 stoves, 2 dishwashers, 1 microwave, 1 hood fan

The address 2393 Sheldon Avenue was listed for sale (MLS# X13448798) on Monday, June 15, 2026.