1429 MEADOW DRIVE
Ottawa, Ontario K4P1B1


  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa
  • 1429 MEADOW DRIVE Ottawa

$990,000

ID# X11991293

5 Bedroom 3 Bathroom

Wall unit Forced air

Incredible Investment Opportunity! This beautifully renovated, fully tenanted income property offers multiple revenue streams on a sprawling 1.09-acre lot in the heart of Greely. Boasting VM-3 zoning, this versatile property provides endless potential for investors. The main house features two beautifully updated residential units: Unit A: A spacious 4-bedroom, 1.5-bath unit with soaring 10-ft ceilings in the living room, generating $2,375/month. Unit B: A cozy 1-bedroom, 1-bath unit, bringing in $1,691/month. Additional income sources include: Insulated 2-bay garage: Renting for $1,130/month + utilities. Commercial-grade, fully insulated Quonset hut: Featuring 1,800 sq. ft. of warehouse space with two man doors and two garage doors, leased at $2,090.50/month + utilities. Cap Rate of 6.19%%, this property is both a stable and high-potential addition to any investment portfolio. The huge fenced lot, bordered by a creek, offers beautiful landscaping, ornamental trees, perennial gardens, and plenty of space for vegetable gardens, play structures, or pets. Located just 16 minutes from the Ottawa International Airport and 7 minutes from Findlay Creeks shopping district, this property is conveniently close to schools, parks, the library, grocery stores, and the post office. Steeped in history, the "Old Post" has served as a post office, country store, and village center for over a century. Whether you're looking to expand your investment portfolio or explore new business opportunities, this rare find is not to be missed! Village Mixed-Use (VM3) zoning allows for residential and non-residential uses including: community centre, day care, food production, municipal service centre, personal service business, restaurant and retail store. Call today for more details or to book a viewing! (id:25961)
Courtesy of EXIT REALTY MATRIX

Listed on: February 27, 2025

On market: 2 days
  • Property Details
  • Room Dimensions
  • Mortgage Calculator
  • Map
Property Details
Bathroom Total 3
Bedrooms Total 5
Cooling Type Wall unit
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1.5
Room Dimensions
BathroomSecond level2.43 m x 1.82 m
Dining roomSecond level4.24 m x 2.36 m
KitchenSecond level4.24 m x 3.58 m
Primary BedroomSecond level5.94 m x 3.98 m
BedroomSecond level3.45 m x 3.14 m
BedroomSecond level3.12 m x 2.87 m
BedroomSecond level3.47 m x 3.45 m
Living roomMain level6.37 m x 6.14 m
BathroomMain level3.55 m x 1.52 m
Family roomMain level5.79 m x 3 m
Living roomMain level5.86 m x 3.09 m
Dining roomMain level4.16 m x 2.59 m
KitchenMain level4.16 m x 2.79 m
Mortgage Calculator
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Map

YOU MIGHT ALSO LIKE THESE LISTINGS

Request a Showing
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL
Sending
1429 MEADOW DRIVE

Daniel Warchow

Broker

Cell: 613-983-1732 


Royal LePage Team Realty Brokerage

1723 Carling Avenue

Ottawa, ON K2A 1C8 

Office: 613-725-1171 

Cell: 613-983-1732 

danielwarchow@royallepage.ca

Contact Us
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL

Royal LePage Team Realty

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

 

powered by WEBKITS