1023 Meadowlands Drive
4702 - Carleton Square, Mooneys Bay - Carleton Heights and Area, K2C 0K5
$899,900
Reduced $45,100 from $945,000
- 7 bedrooms
- 3 bathrooms
- 6 parking
- 2000-2500 sq ft
Listed 74 days ago · MLS® X13649280
About this home
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!
Details
- Type
- Duplex
- Style
- 2-Storey
- Size
- 2000-2500 sq ft
- Lot
- 88.82 × 105 ft
- Basement
- Finished
- Garage
- None
- Kitchens
- 3
- Property tax
- $4,724 (2025)
- Neighbourhood
- 4702 - Carleton Square
- Municipality
- Mooneys Bay - Carleton Heights and Area
Interior
- Bedrooms
- 7 above ground
- Bathrooms
- 3 × 3-piece
- Rooms
- 18 above ground
- Family room or den
- Yes
- Fireplace
- No
- Features
- Guest Accommodations
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Stucco (Plaster), Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Faces
- North
Parking
- Total parking
- 6
Lot
- Size
- 88.82 × 105 ft
More
- Possession
- 30-59 days
- Cross street
- Meadowlands West of Prince of Wales
Rooms
| Room | Level | Size | Features |
|---|---|---|---|
| Bedroom | Main | 3.96 × 3.17 m (13' × 10'5") | |
| Bedroom | Main | 3.96 × 3.04 m (13' × 10') | |
| Bedroom | Main | 3.47 × 2.92 m (11'5" × 9'7") | |
| Dining Room | Main | 3.47 × 2.13 m (11'5" × 7') | |
| Kitchen | Main | 3.47 × 3.04 m (11'5" × 10') | |
| Living Room | Main | 4.29 × 3.45 m (14'1" × 11'4") | |
| Bedroom | Second | 3.96 × 3.17 m (13' × 10'5") | |
| Bedroom | Second | 3.96 × 3.04 m (13' × 10') | |
| Bedroom | Second | 3.47 × 2.92 m (11'5" × 9'7") | |
| Living Room | Second | 4.29 × 3.45 m (14'1" × 11'4") | |
| Kitchen | Second | 3.47 × 3.04 m (11'5" × 10') | |
| Bedroom | Basement | 7.01 × 6.4 m (23' × 21') | 3 Pc Ensuite |
| Laundry | Lower | ||
| Dining Room | Second | 3.47 × 2.13 m (11'5" × 7') |
History of this address
2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
- 🚇 Mooney's Bay LRT2.2 km
- 🚇 Carleton LRT2.5 km
Within a 10-minute walk: 2 grocery stores, 9 cafés and restaurants, 7 parks, 2 pharmacies. Nearest grocery: Wissam Fruits (450 m). Nearest park: Meadowlands Park (150 m).
Schools nearby
Elementary
- St. Augustine School Catholic
EQAO: Gr 6 reading 93%, math 60%8 min walk - St. Rita School Catholic
EQAO: Gr 6 reading 93%, math 64%9 min walk - Carleton Heights Public School
EQAO: Gr 6 reading 65%, math 18%11 min walk - Ottawa Islamic School Private17 min walk
Secondary
- St. Pius X High School Catholic
EQAO: Gr 9 math 53%, literacy test 84%5 min walk - École secondaire publique Omer-Deslauriers French1.7 km
- Frank Ryan Catholic Intermediate School Catholic1.9 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K2C
- Owners / renters
- 55% / 45%
- Median household income
- $86,000
- Average age
- 42
- Children under 15
- 13%
- Homes
- 41% detached, 29% high-rise
- Commute by transit
- 16%
- Population
- 29,359
Languages spoken most at home besides English: Arabic 1.9%, Mandarin 1.8%, Yue (Cantonese) 1.2%, Italian 1%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 7 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Short-term rentals
Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by HOME RUN REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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