1023 Meadowlands Drive, Ottawa
GREAT INVESTMENT OPPORTUNITY!! Welcome to this TWO 3-bedroom units DUPLEX WITH BASMENT SUITE UNIT, LARGE DRIVEWAY, PRIVATE YARD, ON SITE LAUNDRY.Step up from the front entrance to the main level, where you'll find the bright and spacious living room flows into a clean, well-maintained kitchen, while three generously sized bedrooms provide comfortable living space for the whole family. A private balcony off the main level offers convenient access to the fully fenced backyard, perfect for relaxing or outdoor enjoyment. The second level offers the same functional layout as the main floor, featuring three good-sized bedrooms, a bright and inviting living room, and a clean, well-equipped kitchen. The fully finished basement features a spacious suite complete with a full bathroom with private exterior entrance, offering excellent flexibility for extended family, guests, or rental income. This property is a rare find in such excellent condition both inside and out. This home is within walking distance to shopping, restaurants, and public transit, and just a short commute to Carleton University, Hog's Back Park, and Mooney's Bay Park. Direct public transit to Carleton University and Algonquin College is conveniently available right outside the property.Currently, the property is fully rented to long-term tenants, generating approximately $60,000 in annual rental income. It's a rare chance to own a cash-flowing property in the heart of Ottawa, with both strong rental income and excellent future potential. Don't miss this rare investment opportunity! Book your private showing today and discover everything this exceptional property has to offer. (id:1945)
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Property details for 1023 Meadowlands Drive, Ottawa
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 88.8 x 105 FT
- Stories
- 2
- Basement
- Finished, N/A
- Parking
- No Garage
- Heating
- Forced air, Natural gas, Other
- Cooling
- Central air conditioning
- Exterior
- Brick, Stucco
- Annual Taxes
- $4,724 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 1023 Meadowlands Drive
Active Listings
1
Min Price
$945,000
Max Price
$945,000
Avg Price
$945,000
Days on Market
49
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Ottawa, Ontario
Population
356
Median Age
44.5
Median Income
$31,936
Dwelling Value
$279,125
Housing Tenure
Owners 58%
Renters 42%
Age Distribution
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,600.4/km²
Avg Shelter Cost: $1,120/mo
Owners with Mortgage: 36.8%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 46.2%
English only: 73.2%
English and French: 23.9%
Neither: 4.2%
Median Household Income: $67,840
Median Employment Income: $28,512
Price History
Listed
August 7, 2026
by HOME RUN REALTY INC.
Current Price
$945,000
Type
Multi-family
For Sale
