2408 Drury Lane
Parkway Park - Queensway Terrace S and Area, ON
- 6 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
RARE INVESTMENT OPPORTUNITY! TWO-UNIT, 3+3 BEDROOM DETACHED BUNGALOW WITH A LEGAL SECONDARY DWELLING UNIT (SDU) IN THE HIGHLY DESIRABLE PARKWAY PARK NEIGHBOURHOOD! This versatile property is ideal for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income. BOTH UNITS ARE VACANT AND MOVE-IN READY, allowing you to select your own tenants and maximize rental potential from day one. The property includes 12 appliances: 2 refrigerators, 2 stoves, 2 dishwashers, 2 microwave range hoods, 2 washers, and 2 dryers. The bright main-floor unit features a welcoming living area, kitchen, dining area, separate laundry, 3 spacious bedrooms, and a full bathroom. The fully finished LEGAL lower-level unit features a private entrance, large windows, an open-concept kitchen and living area, 3 bedrooms, a full bathroom, separate laundry, new flooring, fresh paint, and brand-new washer, dishwasher, stove, and refrigerator (2026). Separate hydro meters for added convenience. Situated on a generous 53 x 100 ft lot with a long driveway, this property is ideally located minutes from Algonquin College, Queensway Carleton Hospital, Baseline Road, public transit, Highway 417, shopping, parks, schools, and the future Iris LRT Station, with easy access to Downtown Ottawa, Kanata, and Barrhaven. Projected rental income of approximately $4,500/month! An excellent opportunity to own a versatile, income-generating property in a convenient central Ottawa location. Recent updates include fresh paint throughout (2026), a BRAND-NEW deck, furnace, and hot water tank (2026).
Listing Details
- Taxes (2026)
- $5,470
- Listed
- October 17, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free, Water Heater
- Lot Size
- 53 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- From Iris, South on Parkway Dr, Right on Drury
- Zoning
- Residential
- Parcel Number
- 039530144
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Microwaves/Hood Fans, 2 Dishwashers, 2 Dryers, 2 Washers, Shed
- Rental Items
- Hot Water Tank($38.01 + hst)
Schools
Elementary
- École élémentaire catholique Terre-des-Jeunes0.4 km
French Catholic · CSDC du Centre-Est de l'Ontario · 445 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 76% met the provincial standard
- Our Lady of Victory Elementary School0.6 km
Catholic · Ottawa CSB · 225 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 55% met the provincial standard
- St Daniel Elementary School0.8 km
Catholic · Ottawa CSB · 200 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 65% met the provincial standard
Secondary
- Sir Guy Carleton Secondary School0.9 km
Public · Ottawa-Carleton DSB · 315 students
Grade 10 literacy: 42% met the provincial standard
- Launch Secondary School1.3 km
Public · Ottawa-Carleton DSB
- Woodroffe High School1.3 km
Public · Ottawa-Carleton DSB · 900 students
Grade 10 literacy: 81% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2C
- Population
- 29,359
- Private dwellings
- 13,056
- Median age
- 38
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Parkway Park - Queensway Terrace S and Area · last 12 months
- Median sold price
- $580,000
- Homes sold
- 80
- Median days on market
- 21
- Sale-to-list price
- 97.4%
Based on 80 recorded sales of residential freehold properties in Parkway Park - Queensway Terrace S and Area over the last 12 months.
Rooms
4-piece, 4-piece
Main
- Bathroom
- Bedroom11'6" x 10'2"
- Bedroom10'5" x 10'5"
- Bedroom10'4" x 9'
- Kitchen21'2" x 9'3"
- Living Room13'3" x 12'
Lower
- Bathroom
- Bedroom11'4" x 11'6"
- Bedroom10' x 9'6"
- Bedroom10'1" x 10'
- Kitchen10'9" x 10'8"
- Living Room26'10" x 11'8"
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$173,980
Estimated Monthly Payment
$4,274
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,274/mo (20% down, 5.5%)
Taxes: $456/mo · Insurance: $217/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions TWO-UNIT, 3+3 BEDROOM DETACHED BUNGALOW WITH A LEGAL SECONDARY DWELLING UNIT (SDU) IN THE HIGHLY DESIRABLE PARKWAY PARK NEIGHBOURHOOD!. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?