Mirna Botros

613-600-2626

150 Meadowlands Drive - $979,900

150 Meadowlands Drive - $979,900

150 Meadowlands Drive

$979,900

7302 - Meadowlands/Crestview
Ottawa, OntarioK2G2S5
8 beds
4 baths
7 parking
MLS#: X12408746Listed: about 4 hours agoUpdated:about 3 hours ago

Description

Amazing cash-flowing investment with outstanding future development potential! This spacious bungalow with a legal secondary unit sits on a prime 75ft x 120ft corner lot, currently grossing $6,800/month from two 4-bed, 2-bath units. The upper level has been beautifully renovated, featuring 4 generous bedrooms (including one with a 2-piece ensuite), a stylish modern kitchen, a large 5-piece bathroom, in-unit laundry, and bright open living space. The legal lower level unit offers 4 well-sized bedrooms, two stunning 4-piece bathrooms, and a sleek open-concept layout with high-end finishes throughout. Both units are highly desirable and very easy to rent, with excellent tenants already in place. Located within walking distance to Algonquin College, the future LRT, and College Square, with bus service right at your doorstep, this property offers unbeatable accessibility. Beyond the strong cashflow, the newly proposed Minor Corridor 2 (CM2) zoning unlocks incredible development potential permitting a 4-storey building with a footprint of 5,500+sqft. and the opportunity to create over 25,000 sqft. of living space. This is a rare chance to secure steady income today while planning for exceptional future returns! (id:58075)

Details

Details for 150 Meadowlands Drive, Ottawa, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
7302 - Meadowlands/Crestview
Land Size
75 x 120 FT
Year Built
-
Annual Property Taxes
$4,329
Parking Type
Attached Garage, Garage
Inside
Appliances
Water meter, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Rooms
17
Bedrooms
8
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Apartment in basement, N/A
Building
Architecture Style
Bungalow
Direction
Meadowlands & Sullivan
Type of Dwelling
house
Roof
-
Exterior
Brick
Foundation
Block
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
75 x 120 FT
Zoning
-
Zoning Description
-
Parking
Features
Attached Garage, Garage
Total Parking
7
Utilities
Cooling
Central air conditioning
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 150 Meadowlands Drive, Ottawa, Ontario
LevelNameDimensions
Main levelLiving room
BasementBedroom
Bedroom
Bedroom
Main levelKitchen
BasementBedroom
Bathroom
Bathroom
Laundry room
Main levelBedroom
Bedroom
Bedroom
Bedroom
Bathroom
Bathroom
BasementLiving room
Kitchen
Mirna Botros

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