1023 Meadowlands Drive

4702 - Carleton Square, Mooneys Bay - Carleton Heights and Area, K2C 0K5

$899,900

Reduced $45,100 from $945,000

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  • 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

RoomLevelSizeFeatures
BedroomMain3.96 × 3.17 m (13' × 10'5")
BedroomMain3.96 × 3.04 m (13' × 10')
BedroomMain3.47 × 2.92 m (11'5" × 9'7")
Dining RoomMain3.47 × 2.13 m (11'5" × 7')
KitchenMain3.47 × 3.04 m (11'5" × 10')
Living RoomMain4.29 × 3.45 m (14'1" × 11'4")
BedroomSecond3.96 × 3.17 m (13' × 10'5")
BedroomSecond3.96 × 3.04 m (13' × 10')
BedroomSecond3.47 × 2.92 m (11'5" × 9'7")
Living RoomSecond4.29 × 3.45 m (14'1" × 11'4")
KitchenSecond3.47 × 3.04 m (11'5" × 10')
BedroomBasement7.01 × 6.4 m (23' × 21')3 Pc Ensuite
LaundryLower
Dining RoomSecond3.47 × 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.

City rules

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.