Full and half bathrooms as the listing totals them.
Interior area
2,000 to 2,500 sqft
A band, not a measurement. Interior area as the listing states it. It does not say whether the figure was measured on site or taken from builder plans.
Property type
Multiplex
Style as listed: 1 Storey/Apt.
Second dwelling
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. MLSSource: MLS
$1.4MFor Sale
2428-2430 Iris Street, Parkway Park - Queensway Terrace S and Area, ON · 10 bed · 4 bath · 2,250 sqft
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Asking price
$1,399,900
Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.
MLSSource: MLS
Our estimate
Not licensedOur estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Est.Modelled from comparable sales, not an appraisal
Assessed value, 2025
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
MLSMunicipal assessment and tax roll
Price per square foot
$622
asking price over 2,250 sqft, an area the listing does not source
Days on market
N/A
no area average shown: our current listing agreement does not licence market statistics
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
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,t ransit, 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 updated throughout, while 2428 has new kitchen, fresh paint, refinished hardwood flooring, and new interior doors. The property also features new appliances throughout, new furnaces, and a roof re-shingled in 2017 with vents added. Lower units Each offers 2 bedrooms and a Den/ media (sometimes used as another bedroom), 1 full bathroom, a separate side entrance, and is extremely spacious with plenty of potential. Gross annual income exceeds $103,000, and more then 6% Cap rate. This is an absolute cash cow with fantastic, well vetted tenants and an extremely stable rental stream with virtually no vacancy. Tenants pay heat and hydro; landlord pays only water. Hot water tanks are included. This property is perfect for investors looking to move into one unit and rent the others, or lease all four units for maximum returns. More information, Rooms History including detailed expenses and net income, is available upon request. Don't miss this high-demand, high ROI opportunity in one of Ottawa's most sought-after areas for rental properties.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
Nest 360 estimate
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
Price and listing history
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on Nest 360 yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
Property details
MLSSource: MLS
Type
Multiplex
Style
1 Storey/Apt
Bedrooms
10 (+4 lower)
Bathrooms
4
Kitchens
4
Living area
2,000 to 2,500 sqft
Lot size
52 by 88 ft
Status
For Sale
Occupancy
Tenanted, you inherit the tenancy
Features
MLSSource: MLS
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
Outside
Public Transit
School
School Bus Route
None pool
Interior finishes
Built-In Oven
Also listed
On the record, and not one of the groups above.
Carpet Free
Separate Heating Controls
Interior and systems
MLSSource: MLS
Heating
Baseboard · Electric
Cooling
Central Air
Basement
Apartment, Full, Finished, Separate Entrance
Construction
Brick Veneer
Roof
Asphalt Shingle
Foundation
Poured Concrete
Sewer
Sewer
Parking and exterior
MLSSource: MLS
Driveway spaces
4
Total parking
4
Pool
None
Exterior features
Public Transit, School, School Bus Route
Taxes and assessment
MLSMunicipal assessment and tax roll
Assessment year
2025
Annual property tax
$7,559
Tax year
2025
Property tax by year
MLSSource: MLS
1 years · latest $7,559
1 years, from $7,559 in 2025 to $7,559 in 2025.
Location and neighbourhood
MLSSource: MLS
Market trend
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
