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$874,900
Ottawa
109 Meadowlands Drive West, Ottawa, Ontario, K2G2S1
This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space.
Unlock the potential of this rare 3+1 bedroom bungalow on a corner lot in St. Claire Gardens, featuring over 120 feet of frontage along Meadowlands Drive, 2 large side yards and an abundance of possibilities for homeowners, investors, and developers alike. The home offers a 1-bedroom lower-level suite with its own laundry, providing an excellent option for multi-generational living or additional rental income, with a separate rear entrance easily converted into a fully independent entrance. The property offers the flexibility to live in one unit while renting the other, or use it as an investment property while exploring future redevelopment opportunities. The property is located within the CM-2 zoning designation, which offers a range of future development possibilities, potentially including multi-unit residential buildings, townhomes, and lot severances, subject to municipal approvals, applicable regulations, and development permissions. Whether you're looking to build, invest, generate rental income, accommodate extended family, or simply enjoy a spacious home in a highly desirable neighbourhood, this property offers exceptional flexibility and long-term potential. Ideally situated in St. Claire Gardens, the property is just minutes from Algonquin College, Carleton University, shopping, parks, transit, and the Civic Hospital, making this an attractive location for both residents and tenants. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed single family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $874,900, about 7.7× the local median household income of $114,000.
Carrying it typically needs a household income of about $170,899 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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