Gurvinder Nokwal REALTOR®
For Sale Duplex 72 days on market

$899,900 ↓ $45,100 from $945,000

Est. payment $3,985/moCalculate yours

1023 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area, ON K2C 0K5

4702 - Carleton Square, Mooneys Bay - Carleton Heights and Area, ON K2C 0K5

  • 7 Beds
  • 3 Baths
  • 2,000 Sq Ft
Map

Listing courtesy of HOME RUN REALTY INC. MLS® X13649280

About this home

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!

Property details

Overview

Property Type
Duplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
2,000 sqft

Interior

Bedrooms
7
Bathrooms
3
Kitchens
3
Basement
Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
88.82 x 105 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$4,724 (2025)

Location

Neighbourhood
4702 - Carleton Square
Cross Street
Meadowlands West of Prince of Wales
Direction Faces
North

Listing

MLS® Number
X13649280
Days on Market
72
Listed On
2026-08-07
Listed By
HOME RUN REALTY INC.

Rooms

Room Level Dimensions
Bedroom Second 11′ 5″ × 9′ 7″
Bedroom Main 11′ 5″ × 9′ 7″
Bedroom Second 13′ 0″ × 10′ 0″
Bedroom Second 13′ 0″ × 10′ 5″
Living Room Second 14′ 1″ × 11′ 4″
Bedroom Basement 23′ 0″ × 21′ 0″
Living Room Main 14′ 1″ × 11′ 4″
Dining Room Main 11′ 5″ × 7′ 0″
Kitchen Main 11′ 5″ × 10′ 0″
Bedroom Main 13′ 0″ × 10′ 5″
Dining Room Second 11′ 5″ × 7′ 0″
Bedroom Main 13′ 0″ × 10′ 0″
Kitchen Second 11′ 5″ × 10′ 0″

Features

Interior

  • Guest Accommodations

Pool

  • None
Rental items
1 Coin-operated washing machine and 2 Hot Water Tank

Mortgage calculator

Minimum for this price: $64,990 (7.22%)

Amortization, years

Estimated mortgage payment

$3,985 per month

Principal and interest
$3,985
Property tax
$394
Estimated monthly cost
$4,378

Your mortgage

Mortgage amount
$719,920
Mortgage insurance
Not needed
Interest over 25 years
$475,449

Cash to close

Down payment
$179,980
Land transfer tax
$14,473
Total, before legal fees
$194,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1023 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area, ON K2C 0K5 4702 - Carleton Square, Mooneys Bay - Carleton Heights and Area, ON K2C 0K5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$899,900 1023 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area, ON K2C 0K5
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