ON > Meadowlands - Crestview And Area > 7302 - Meadowlands-Crestview
Meadowlands - Crestview And Area, ON K2G 2S5,150 Meadowlands DR W
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Meadowlands - Crestview And Area, ON K2G 2S5,150 Meadowlands DR W
Meadowlands - Crestview And Area, ON K2G 2S5,150 Meadowlands DR W
Meadowlands - Crestview And Area, ON K2G 2S5,150 Meadowlands DR W
Meadowlands - Crestview And Area, ON K2G 2S5,150 Meadowlands DR W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 979,900
Est. payment /mo
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150 Meadowlands DR W Meadowlands - Crestview And Area, ON K2G 2S5

8 Beds

4 Baths

UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 7302 - Meadowlands/Crestview

MLS Listing ID X12408746

Style Bungalow

Bedrooms 8

Annual Tax Amount $4,329

Tax Year 2025

Property Sub-Type Detached

Lot Depth 120.0

Lot Front 75.0

Appx SqFt 1100-1500

Property Description

Amazing cash-flowing investment with outstanding future development potential! This spacious bungalow with a legal secondary unit sits on a prime 75ft x 120ft corner lot, currently grossing $6,800/month from two 4-bed, 2-bath with a net income of over $64,000/yr- 6.5%+ CAP RATE! The upper level has been beautifully renovated, featuring 4 generous bedrooms (including one with a 2-piece ensuite), a stylish modern kitchen, a large 5-piece bathroom, in-unit laundry, and bright open living space. The legal lower level unit offers 4 well-sized bedrooms, two stunning 4-piece bathrooms, and a sleek open-concept layout with high-end finishes throughout. Both units are highly desirable and very easy to rent, with excellent tenants already in place. Located within walking distance to Algonquin College, the future LRT, and College Square, with bus service right at your doorstep, this property offers unbeatable accessibility. Beyond the strong cashflow, the newly proposed Minor Corridor 2 (CM2) zoning unlocks incredible development potential permitting a 4-storey building with a footprint of 5,500+sqft. and the opportunity to create over 25,000sqft. of living space. This is a rare chance to secure steady income today while planning for exceptional future returns!

Location

Province ON

County Ottawa

Community 7302 - Meadowlands/Crestview

Area Ottawa

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 4

Interior

Interior Features Accessory Apartment

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 75.0

Lot Depth 120.0

Total Parking Spaces 7

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by EXP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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150 Meadowlands DR W

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