Custom Bungalow on 2 Acres with Walkout Basement in Kanata North

Property details for 1517 Monaghan Lane, Ottawa

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 3
Lot Size: 198.4 x 449 FT
Stories: 1
Basement: Finished, Full, Walk out
Parking: Attached Garage, Garage
Heating: Radiant heat, Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Stucco
Ownership: Freehold
Annual Taxes: $9,068 (2025)

You're getting a rare combo here: a single-level custom build on a full two-acre lot, but it's in Kanata North's estate community, not the boonies. The house spans about 4,500 sq ft total, with 3 beds and 3 baths split between the main floor and a fully finished walkout basement. The main level has 10-foot ceilings, five-inch maple hardwood, and a coffered ceiling in the great room. The kitchen is the showpiece - granite counters, extended cabinetry, built-in coffee maker, and a Kindred stone sink. Primary suite includes a spa bath with in-floor heating. The basement is a whole other living zone with radiant heat, a rec room that includes a gas fireplace, home theatre, kitchenette, wet bar, and a sauna in the bathroom. Outside, there's a three-season sunroom, a three-car garage, and the lot has 198 feet of frontage with mature trees. It's priced at $1,849,900, well above the neighbourhood median of $667,900, but you're paying for the low-maintenance ICF construction and premium finishes. The location is close to the high-tech hub, with schools within a 2.6 to 5.7 km drive, plus golf clubs and restaurants nearby. If you want a home that feels resort-like without the upkeep, this is it.

About 1517 Monaghan Lane, Ottawa — Property Score

Great Location Feature Rich

Score: 62/100

Value

Priced 111.4% above area median of $874,900 based on 276 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

3 bathrooms - 1 fewer than similarly priced properties nearby 48

89,082 sqft lot - an oversized lot for the area 90

Location

$153K median household income - well above the Canadian average of $70K 100

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

84% homeownership rate - indicating a stable, owner-occupied community 89

57% of residents commute under 30 minutes - good commuting convenience 76

139/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 42 days on market 100

-0.5% median price change over 1 month - stable pricing in the area 48

28.1 months of housing supply - 1655 active listings with 59 sold last month (buyer's market) 40

Features

9-car garage - more than the area average of 5.7 spots 95

Finished, Full, Walk out basement - adds valuable living space 85

premium radiant heating system 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.49% effective tax rate ($9,068/yr) - very low tax burden 85

13% renter population - primarily owner-occupied area 45

Quality

Condition

Listing

46 photos provided - 18% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.