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$945,000

Active
1023 Meadowlands Drive, Ottawa, ON· Carleton Square
7
Bedrooms
3
Bathrooms
2000-2500
Sq Ft
$378–$473
Per Sq Ft
6
None Parking

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About this Property

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.

Listed by HOME RUN REALTY INC. · MLS# X13649280

Features & Details

Property details of 1023 Meadowlands Drive, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size2000-2500 sq ft
BasementFinished
Total Parking6

Mortgage Calculator

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%
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Mortgage Payment$4,643/monthly
Principal54%
Interest46%
Principal Amount$756,000
Interest$636,750
Total Payable$1,392,750
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,643
Mortgage + Expenses$4,643
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$
$
$
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Monthly Cash Flow-$4,643

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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