91 Palsen Street

7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area, K2G 2W6

$949,000

3 bedrooms
1 bathrooms
4 parking
1100-1500 sq ft

Listed 48 days ago · MLS® X13735610

About this home

Welcome to 91 Palsen Street, a rare opportunity to acquire a 105' x 146' property in one of Ottawa's most desirable central neighbourhoods. Nestled on a picturesque, tree-lined street surrounded by some of Crestview's most distinguished homes, this impressive property presents outstanding potential for redevelopment, custom infill, or possible severance, subject to buyer due diligence and City of Ottawa approvals. Perfectly positioned in the established community of Crestview, the property offers the ideal balance of peaceful residential living, and exceptional convenience. Enjoy close proximity to Meadowlands Public School, St. Gregory School, Crestview Park and Pool, Merivale Mall, College Square, Algonquin College, and an extensive selection of shopping, dining, recreation, and everyday amenities. Major transportation routes and transit are also easily accessible.Currently zoned R1FF under City of Ottawa Zoning By-law 2008-250 and N2E under the City's new Zoning By-law 2026-50, this property represents an exceptional opportunity for builders, developers, investors, or those seeking to create a custom residence on an oversized lot in a mature, highly sought-after west-end neighbourhood. Buyers are encouraged to conduct their own due diligence regarding permitted uses, redevelopment potential, severance opportunities, servicing requirements, tree-related restrictions, and all applicable zoning provisions with the City of Ottawa. Please note: An existing survey is not available. The aerial photograph and lot outline are provided for illustrative purposes only, and not to be interpreted as actual property lines. Buyers and their representatives are responsible for verifying all property boundaries, dimensions, setbacks, and other information relevant to their intended use of the property.

Details

Type: Detached
Style: Bungalow
Size: 1100-1500 sq ft
Lot: 105 × 146 ft
Basement: Partially Finished
Garage: None
Kitchens: 1
Property tax: $5,818 (2025)
Neighbourhood: 7302 - Meadowlands/Crestview
Municipality: Meadowlands - Crestview and Area
Price per sq ft: $730 (20% above detached houses in 7302 - Meadowlands/Crestview, $609)

Interior

Bedrooms: 3 above ground
Bathrooms: 1 × 4-piece
Rooms: 6 above ground
Family room or den: No
Fireplace: Yes
Features: Water Heater

Heating, cooling and services

Heating: Forced Air, Gas
Water and sewer: Sewer

Building and exterior

Style: Bungalow
Exterior: Aluminum Siding
Roof: Asphalt Shingle
Foundation: Concrete Block
Faces: East

Parking

Total parking: 4

Lot

Size: 105 × 146 ft
Acreage: < .50

Possession: To be determined
Cross street: MEADOWLANDS TO PERRY

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

🚇 Tallwood LRT16 min walk
🚇 Knoxdale LRT1.3 km

Within a 10-minute walk: 2 grocery stores, 6 cafés and restaurants, 9 parks. Nearest grocery: Silk Road Foods (950 m). Nearest park: Olmstead Park (350 m).

Schools nearby

Elementary

Abraar School Private6 min walk
St. Gregory School Catholic
EQAO: Gr 6 reading 91%, math 51%8 min walk
Meadowlands Public School
EQAO: Gr 6 reading 71%, math 35%10 min walk
Sir Winston Churchill Public School
EQAO: Gr 6 reading 91%, math 61%1.6 km

Secondary

Capital International Academy School Private16 min walk
Elizabeth Wyn Wood Alternate Program (Nepean)16 min walk
Merivale High School
EQAO: Gr 9 math 75%, literacy test 96%1.4 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: 9 km. Transit times · Driving times

Coming transit

🚧 Tallwood O-Train1.1 km · planned
🚧 Knoxdale O-Train1.3 km · planned
🚧 Algonquin O-Train1.3 km · opening 2026

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

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 ENGEL & VOLKERS OTTAWA.

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

Estimated monthly cost

Mortgage: $4,156
Property tax: $485
Total: $4,641

$189,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $189,800
Land transfer tax: $15,455
Legal and other costs: ~$2,500
Total: $207,755

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

Adjust the numbers

Rental potential

$2,950/month

Typical asking rent for 3 bedroom homes like this within 1 km (5 for rent now; most $2,800–$2,950).

As a rental, with 20% down

Rent: $2,950
Mortgage: −$4,156
Property tax: −$485
Insurance, repairs, vacancy: −$386
Cash flow: −$2,076/month

Cap rate 2.6% · gross yield 3.7%. 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.

See rentals nearby

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