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$1.40M · 6+4 bed Fourplex · 6304 - Parkway Park, Parkway Park - Queensway Terrace S and Area | MyPropertyScout

$1,399,900

2428-2430 Iris Street

72 DOM

6+4472d

Map

⚡ Insider Deal

DOM 72

↓ $75KPrice Reduced

$1,399,900

↓ $75K

DOM72days

2428-2430 Iris Street

Parkway Park - Queensway Terrace S and Area · Ontario K2C 2C6

MLS® X13042336 · 6304 - Parkway Park · K2C 2C6

6+44TenantOccupied2000-2500 ft²FourplexNoneApartment72d$622/ft²Lot 86.7 x 94.9 ft$7,559 tax/yrApartment

72 days on market

About this home

Fully Legal Four unit property in Parkway Park Absolute Cash Cow! Rare opportunity to own a turn-key legal 4-unit property in a premium investment location close to Algonquin College, College Square, IKEA, transit, and the new LRT. Two side-by-side bungalows, each with a main-floor unit and a legal basement apartment. All completed with permits, soundproofing, separate meters, and independent heating systems. Both basement units are completely renovated (2018) upper Unit 2430 has been fully upda…

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Property details

MLS#: X13042336
Status: Buy Now
Property class: Residential Freehold
Beds: 6+4
Baths: 4 full, 0 half
Rooms: 14 + 12
Kitchens: 4
Size: 2000-2500Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Apartment
Style: 1 Storey/Apt
Type: Fourplex
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 039530003
Roll / ARN: 061409550108300

Occupancy: Tenant Occupied
Washrooms: 4 pc
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Asphalt Shingle
Foundation: Poured Concrete

Garage: None
Garage spaces: 0
Parking: 4 total
Lot: 86.68 × 94.89
Heating: Baseboard
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick Veneer
Fronting on: South
Cross street: Woodroffe/ Iris
Stories: —
Utilities: —
Laundry: —
Interior: Built-In Oven, Carpet Free, Separate Heating Controls
Parking features: —

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room dimensions are not available for this listing.

Seller signals

Price movement & seller pressure

↓ $75KPrice reduction

MLS shows the seller reduced the asking price by $75,100 (from $1,475,000 to $1,399,900).

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: TRU REALTY

Source: TRREB/PROPTX · MLS® X13042336

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$1.40M

2428-2430 Iris Street · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,399,900✓ $7,559 tax✓ Electric✓ 2000-2500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$10,128/mo

incl. closing costs (yr 1)

Annual total

$121,530

year 1

Mortgage only

$5,311/mo

principal + interest

Beyond mortgage

$2,319/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$279,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$630/mo

Utilities

Hydro / electricity$293/mo

≈ $0.13/ft² × ~2,250 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$13,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$24,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)52% $63,729/yr

Property taxes26% $32,032/yr

Utilities4% $5,070/yr

Insurance & security1% $1,600/yr

Maintenance12% $13,999/yr

Closing costs4% $5,100/yr

Mortgage is 52% of your true cost of ownership. The other 48% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$63,729	$5,311/mo
Government & taxes
Property tax	$7,559	$630/mo
Land transfer tax(closing)	$24,473	$2,039/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$3,510	$293/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$13,999	$1,167/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$121,530	$10,128/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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2428-2430 Iris Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs