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1217 Parkway Drive
Ottawa (Parkway Park), ON K2C 2W5
- 3+3Bedrooms
- 2Bathrooms
- 0Garage
- 1100–1500Sq Ft
- $4,749Tax
- 50×105 ftLot Size
- Estimated Value:$578,000See Free Estimate Report

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About 1217 Parkway Drive, Ottawa, Parkway Park
Summarized Description
- Investment opportunity with two rental units.
- Main level features 3 bedrooms and modern kitchen.
- Lower-level in-law suite offers additional income.
- Private backyard with no rear neighbors.
- Updated appliances and dedicated laundry room.
- Conveniently located near LRT and college.
- Solid investment with future development potential.
Ideal opportunity for investors seeking strong income potential with two separate rental units. This well-maintained bungalow offers a bright main level featuring 3 bedrooms, 1 full bathroom, and a modern kitchen renovated in 2020, complete with updated appliances, including a washer/dryer combo. The fully renovated lower-level in-law suite (2025) with separate entrance provides excellent secondary income potential, offering 3 bedrooms, 1 full bathroom, a full kitchen, dedicated laundry room, storage room, and cold room. Additional updates include roof replacement in 2020. Situated on a large lot with a private backyard backing onto a greenbelt, this property enjoys no rear neighbors for added privacy. Conveniently located within walking distance to the LRT and college. A solid high-cash-flow investment opportunity with future development potential. Property has been used as a rental and is being sold AS IS, WHERE IS. Offers to be presented Thursday, May 14th at 6:00 PM. Photos will be posted on Saturday.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,749
- Land Transfer Tax Fee
- $8,455
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Finished, Separate Entrance
Interior Features
- Interior Extras
- In-Law Suite
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Public Transit, School
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 105.00 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- 2 Fridges, 2 Stoves, Washer, Dryer, Washer/Dryer combo
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 3
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Bedroom 2—Main level
- Bedroom 3—Main level
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level, 4 Pc Bath
- Bathroom—Main level, 4 Pc Bath
- Bedroom—Basement level
- Bedroom 2—Basement level
- Bedroom 3—Basement level
- Living Room—Basement level
- Kitchen—Basement level
- Bathroom—Basement level, 3 Pc Bath
- Laundry—Basement level
- Cold Room/Cantina—Basement level
- Furnace Room—Basement level
- Other—Basement level
- Bedroom—Main level
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Ottawa
- Neighbourhood
- Parkway Park
- Main cross streets
- Iris St. & Parkway Dr.
- Zoning
- Residential
- Directions
- West from Woodroffe, First Left past Transitway onto Parkway Dr.
- Waterfront
- None
- MLS® number
- X13106128
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-05-30
- Listed on
- 2026-05-08
- Days on market
- 22 days
- Possession date
- 2026-05-08
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- IDEAL PROPERTIES REALTY
Home Market Value
Current home valuation for 1217 Parkway Drive, Ottawa, Parkway Park, Ottawa, ON. Listed for $599,000
HOMEH Estimate
$578,000
Estimated Sales Range
$456,620 - $699,380
HOMEH Estimate for 1217 Parkway Drive, Ottawa, Parkway Park
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $99,000 over $500K
$34,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,546 | $16,712 | $14,256 | $0 |
=Total mortgage | $586,205 | $555,812 | $523,406 | $479,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,862monthly | $2,714monthly | $2,556monthly | $2,340monthly |
Land Transfer Tax
$8,455
$8,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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