trreb/IMG-X13649280_45dd2e25fc95d63f073e11d6ea7a761e6efee906bce3deb19b7bb3eac947b84c.jpg
73 days on Market

1023 Meadowlands Dr, Ottawa, Ontario K2C 0K5

Townhouse
7
3
~2000-2500 sqft
$•••,•••
$899,900
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Townhouse
7
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market73 days

Estimated valueNot available

Price/Sqft$404/sqft

Monthly cost

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Description

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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size9,326 SqFt(105 x 88.82)
Parking Spaces6
MLS ®NumberX13649280
Community NameRideau View
Data SourceTRREB
Listing byHOME RUN REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Br

3.96 x 3.17

Br

3.96 x 3.04

Br

3.47 x 2.92

Dining

3.47 x 2.13


Features

Lot size: 9,326 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Aug 7, 2026
ListedActive
$899,900
73 days on market
history photo preview45
Listing by trreb®
Property listed by HOME RUN REALTY INC., Brokerage
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Market Data - Rideau View

Geo Zone Map ThumbnailRideau View

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

2023

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

1 listing

2024

0 listing

2023

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 5885
Average household income $122,734

Age (%)

0 to 19
21%
20 to 34
30%
35 to 49
16%
50 to 64
17%
65 and plus
17%

Household composition (%)

Single family
54%
Single person
34%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
63%
French
9%
Arabic
6%
Italian
5%
Mandarin
3%
English and French
2%
Somali
2%
Others
1%
Iranian Persian
1%
Spanish
1%
Yue (Cantonese)
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget