For Sale - 1023 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area, Ontario

Est payment $4,321/mo
Views   1
Time on Jump  78 day
  • Prime location with direct bus access to local universities and amenities.
  • Two spacious 3-bedroom units with bright living areas and functional kitchens.
  • Self-contained basement bachelor suite offers rental income potential.
  • Private balconies and a fully fenced backyard add outdoor comfort.
  • Turnkey investment generating approximately $60,000 in annual rental income.



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!
Listing IDX13649280
Address1023 Meadowlands Drive
CityMooneys Bay - Carleton Heights and Area,…
Price$899,900
Bed / Bath7 / 3 Full
Style2-Storey, Duplex
ConstructionStucco (Plaster),Brick
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features Guest AccommodationsOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Brokerage: HOME RUN REALTY INC.

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1023 Meadowlands Drive
Mooneys Bay - Carleton Heights and Area , Ontario
7 3 $899,900
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