1023 MEADOWLANDS DRIVE, Ottawa
- Multi-Family
- Spacious 7-bedroom layout
- 6-car parking
- Ottawa location
Ask Peter Sagos about this property
About This Property
Exceptional Freehold in a Prime Location! This well-maintained detached property features two spacious 3-bedroom units and a fully equipped, self-contained basement bachelor suite, offering an ideal combination of multi-generational living and income potential. Conveniently located with direct bus service to Carleton University and Algonquin College, the property is also within walking distance of shops, restaurants, Hog’s Back Park, and Mooney’s Bay.The main-floor unit features a bright and spacious living room, a well-maintained kitchen, and three generously sized bedrooms. The second-floor unit offers a similar layout, with a bright living area, a functional kitchen, and three spacious bedrooms. Both units enjoy private balconies overlooking the fully fenced backyard. The finished basement features a self-contained bachelor suite with a full bathroom, kitchen, and separate exterior entrance.The property has been exceptionally well maintained, both inside and out, and offers abundant natural light, a desirable orientation, and a private, fully fenced backyard with no rear neighbours. Additional highlights include a six-car driveway, private balconies, in-unit laundry facilities, ample storage space with multiple basement storage areas, a dedicated cold room, and a backyard storage shed.This freehold detached property is fully tenanted, with current occupants consisting of students and young professionals. Generating approximately $60,000 in annual rental income, it offers an attractive income-producing opportunity with a flexible multi-unit layout and long-term appreciation potential. An excellent turnkey investment for investors seeking immediate rental income, or an appealing option for owner-occupiers looking to offset housing costs with additional rental income.A rare opportunity to own a versatile, income-generating property in one of Ottawa’s sought-after rental locations. Book your showing today! (id:66401)
Property Details
Building & Features
Building
- Building type
- Duplex
- Storeys
- 2
- Exterior
- Brick, Stucco
- Foundation
- Concrete
Interior
- Basement
- Finished, N/A
- Bedrooms above grade
- 7
- Heating
- Forced air, Natural gas, Other
- Cooling
- Central air conditioning
- Fireplace
- No
Parking
- Garage and parking
- No Garage
Lot and land
- Lot dimensions
- 88.8 x 105 FT
- Frontage
- 88.9 ft
- Lot features
- Guest Suite
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
Interested in This Property?
Message
Send us a message
Your message goes to Right at Home Realty, Brokerage, which runs this website, not to the listing brokerage.
Listing content is protected by copyright and is intended for private, non-commercial use.