104 Viewmount Drive

7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area, K2G 3C1

$724,900

Reduced $59,100 from $784,000

6 bedrooms
2 bathrooms
4 parking
2000-2500 sq ft

Listed 132 days ago · MLS® X13428616

About this home

Exceptional investment opportunity with strong existing income and a legal Secondary Dwelling Unit (SDU)! Welcome to 104 Viewmount Drive, a well-maintained bungalow situated on an oversized lot in a convenient central location. Currently generating $4,190.06 per month in rental income & with a CAP rate of 6%, this turnkey property offers immediate cash flow with excellent long-term upside.The main floor unit features a bright and spacious layout with a large living room highlighted by an oversized picture window, an adjoining dining area with patio doors leading to the backyard deck, and a functional kitchen with ample cabinetry and workspace. Three generously sized bedrooms, a full bathroom, and in-unit laundry complete the upper level.The fully finished lower-level legal SDU offers a separate entrance through a ground-floor mudroom and features an open-concept kitchen, dining and living area, three bedrooms, a full bathroom, and separate laundry. The flexible layout makes this property ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. A major benefit for investors is the separate hydro metering, with tenants responsible for their own hydro costs. The upper unit also pays its own natural gas heating, helping keep operating expenses low and maximizing net income.Outside, you'll find a wide driveway, attached garage, attractive curb appeal, and a large lot with ample outdoor space. The oversized lot also presents future development or expansion potential, subject to municipal approvals.Whether you're looking to add a cash-flowing asset to your portfolio, live in one unit while renting the other, or secure a versatile multi-generational property, this property delivers exceptional value. Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.

Details

Type: Detached
Style: Bungalow
Size: 2000-2500 sq ft
Lot: 114.21 × 103.98 ft
Basement: Full, Partially Finished
Garage: Attached
Kitchens: 2
Property tax: $5,215 (2025)
Neighbourhood: 7302 - Meadowlands/Crestview
Municipality: Meadowlands - Crestview and Area
Price per sq ft: $322 (47% below detached houses in 7302 - Meadowlands/Crestview, $609)

Interior

Bedrooms: 6 above ground
Bathrooms: 1 × 3-piece (main), 1 × 4-piece (basement)
Rooms: 12 above ground
Family room or den: Yes
Fireplace: Wood, Electric

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air
Water and sewer: Sewer

Building and exterior

Style: Bungalow
Exterior: Stone, Vinyl Siding
Foundation: Concrete
Faces: West

Parking

Garage spaces: 2
Total parking: 4
Driveway and parking: Available

Lot

Size: 114.21 × 103.98 ft

Possession: Upon closing
Cross street: Meadowlands to Viewmount or Merivale to Viewmount

Rooms

Room	Level	Size
Living Room	Main	5.64 × 5.34 m (18'6" × 17'6")
Dining Room	Main	2.66 × 3.7 m (8'9" × 12'2")
Kitchen	Main	3.06 × 4.11 m (10' × 13'6")
Primary Bedroom	Main	3.3 × 3.61 m (10'10" × 11'10")
Bedroom	Main	2.48 × 3.16 m (8'2" × 10'4")
Bedroom	Main	2.97 × 3.16 m (9'9" × 10'4")
Sunroom	Main	3.92 × 3.59 m (12'10" × 11'9")
Recreation	Second	6.69 × 3.67 m (21'11" × 12')
Kitchen	Second	3.4 × 3.41 m (11'2" × 11'2")
Bedroom	Second	3 × 2.81 m (9'10" × 9'3")
Bedroom	Second	2.72 × 2.81 m (8'11" × 9'3")
Bedroom	Second	3.29 × 4.24 m (10'10" × 13'11")

History of this address

1 earlier listing 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

🚇 Knoxdale LRT1.5 km
🚇 Tallwood LRT1.6 km

Within a 10-minute walk: 5 grocery stores, 5 cafés and restaurants, 10 parks, 1 pharmacy. Nearest grocery: Farm Boy (650 m). Nearest park: Glenmanor Park (150 m).

Schools nearby

Elementary

Meadowlands Public School
EQAO: Gr 6 reading 71%, math 35%6 min walk
Abraar School Private7 min walk
St. Gregory School Catholic
EQAO: Gr 6 reading 91%, math 51%19 min walk
Century Public School1.4 km

Secondary

Merivale High School
EQAO: Gr 9 math 75%, literacy test 96%11 min walk
Elizabeth Wyn Wood Alternate Program (Nepean)1.3 km
Frank Ryan Catholic Intermediate School Catholic1.5 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 K2G

Owners / renters: 72% / 28%
Median household income: $114,000
Average age: 41
Children under 15: 16%
Homes: 52% detached, 4% high-rise
Commute by transit: 14%
Population: 50,692

Languages spoken most at home besides English: Arabic 2.7%, Mandarin 2.5%, Yue (Cantonese) 1%, Vietnamese 0.9%.

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: 10 km. Transit times · Driving times

Coming transit

🚧 Knoxdale O-Train1.5 km · planned
🚧 Tallwood O-Train1.6 km · planned
🚧 Nepean Sportsplex O-Train1.9 km · planned

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

🚆 Rail line (CN Beachburg Subdivision)300 m

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 ROYAL LEPAGE INTEGRITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $3,174
Property tax: $435
Total: $3,609

$144,980 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $144,980
Land transfer tax: $10,973
Legal and other costs: ~$2,500
Total: $158,453

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$3,100/month

Typical asking rent for 4+ bedroom homes like this within 2 km (5 for rent now; most $3,100–$5,000).

As a rental, with 20% down

Rent: $3,100
Mortgage: −$3,174
Property tax: −$435
Insurance, repairs, vacancy: −$399
Cash flow: −$908/month

Cap rate 3.8% · gross yield 5.1%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

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