Home with brick exterior material, street for 150 Meadowlands Dr, Ottawa Ontario K2G 2S5
20 days on Market

150 Meadowlands Dr, Ottawa, Ontario K2G 2S5

Townhouse
4 + 4
4
~1100-1500 sqft
$979,900
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Townhouse
4 + 4
4
~1100-1500 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$772/sqft

Monthly cost

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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 with a net income of over $64,000/yr- 6.5%+ CAP RATE! 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 25,000sqft. of living space. This is a rare chance to secure steady income today while planning for exceptional future returns!


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size9,000 SqFt(120 x 75)
Parking Spaces7
MLS ®NumberX12408746
Community NameCrestview - Meadowlands
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Br

2.72 x 2.95

Br

4.29 x 3.15

Br

4.65 x 3.53

Living

3.23 x 3.86

Combined W/Dining


Features

Lot size: 9,000 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Property History

Sep 17, 2025
ListedActive
$979,900
20 days on market
history photo preview26
Listing by trreb®

Market Data - Crestview - Meadowlands

Geo Zone Map ThumbnailCrestview - Meadowlands

Strong Seller's Market

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Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

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2024

0 day

2023

0 day

New Listings

Past 30 days

0 listing

Compared to

2024

0 listing

2023

2 listings

Units sold

Past 30 days

0 unit

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2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

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Population and Demographics

Overview

Total population 10704
Average household income $121,471

Age (%)

0 to 19
18%
20 to 34
29%
35 to 49
15%
50 to 64
17%
65 and plus
22%

Household composition (%)

Single family
56%
Single person
30%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
70%
French
6%
Italian
4%
Arabic
4%
Mandarin
3%
Others
3%
Punjabi (Panjabi)
2%
English and French
1%
Vietnamese
1%
Gujarati
1%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget