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1368-1370 MEADOW DRIVE
1601 - Greely
Ottawa
K4P 1N3
$830,000
Multi-family
beds: 6
baths: 4.0
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- X12114166
- Bedrooms:
- 6
- Bathrooms:
- 4
- Photos (24)
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1370 #1, #2 and 1380 Meadow a century side by side with a third unit. Century side-by-side with a third unit under one ownership. Yearly rents of $60,420. Cash flow of $48942 With potential to add more income with 1.1 acres VM3 zoning, allowing for many additional uses such as: adding units, outside storage, mechanic shop, place of worship, retail, dog park, medical building, and more. or tear down and build 5 townhouses or sever into two building lots or build massive commercial res split use. Or hold for City services. Buyer to Confirm with City for any future builds. All units have been extensively updated over the past 10 years. Granite counters in all units. The property has an attractive Village mixed-use zoning allowing for many interesting things including a lowrise apartment building, row units, and mixed-use to name a few. The city of Ottawa says up to 10 units are allowed without a site plan approval for future development. The 1.1 acre is lined with mature trees, cleared and low-sloping. Excess land could be used for building an outbuilding or garage. The far side of the carport needs some attention or a portion to be removed. All units have Copper wiring, breaker panels, separate gas meters and in-unit laundry. in 2016-2020 2 furnaces and 2 owned Hot water tanks replaced. The sliver of land shown in the last picture on the north side of the property is included. Great tenants that pay rent via e-transfer every month., Flooring: Vinyl, Flooring: Laminate 1370 #1; 2 bed, 2 bath, 2 car garage, Laundry in unit, gas furnace. HWT owned. lease end Aug 2025 Rent $1750 tenant pays gas, hydro included. 1370 #2 ; 2 Bed 1 bath gas furnace and gas HWT owned. rent $1750 Tenant pays gas, hydro included. lease end Aug 2024. 1368; 2 bed 1 bath, Laundry in unit, electric baseboard heat, owned HWT. Rent $1535 tenant pays gas and electricity. Lease end Aug 2025. Mpac has the property as a semi detached under one ownership (id:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Living Area (Min):
- 2,499 sq. ft.232 m2
- Living Area (Max):
- 2,999 sq. ft.279 m2
- Zoning:
- VM3
- Taxes:
- $4,764 / -
- Community:
- 1601 - Greely
- Features:
- Separate Electricity Meters, Separate Heating Controls, Fireplace(s)
- Exterior Features:
- Aluminum siding
- Structure Type:
- Triplex
- Utilities:
- Electricity, Cable
- Appliances Included:
- Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Garage door opener remote(s), Water Heater
- Bedrooms:
- 6
- Bedrooms Above Grade:
- 6
- Bathrooms:
- 4.0
- Fireplace:
- Yes
- Fireplaces:
- 1
- Foundation:
- Stone, Concrete
- Heating:
- Forced air, Natural gas
- # Storeys:
- 2.0
- Water:
- Drilled Well
- Sewer:
- Septic System
- Basement:
- Partial
- Lot Frontage:
- 146'1"44.5 m
- Lot Details:
- 146.9 x 358.2 FT ; Lot size irregular
- Lot Features:
- Irregular lot size, Sump Pump
- Parking:
- Garage
- Total Parking Spaces:
- 8
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Front Picture
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Rear of property
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Back Yard area
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Photo 4 of 24
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Unit 2 Kitchen
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Unit 2 Kitchen
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Unit 2 Living room
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Unit 2 Bedroom 1
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Unit 2 Bedroom 2
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Unit 3 Living room
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Unit 3 Kitchen
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Unit 3 Bath room number 1
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Unit 3 Bedroom 1
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Unit 3 Den area
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Unit 1 foyer
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Unit 1 Kitchen
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Unit 1 Kitchen
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Unit 1 Living room
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Unit 1 Hallway
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Unit 1 Bedroom
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Unit 1 Primary closet
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Unit 1 Bathroom
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Unit 1 Den area
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Unit 1 Primary Bedroom
Larger map options:
Listed by SOLID ROCK REALTY
Data was last updated June 8, 2025 at 12:45 AM (UTC)
- ANDY OSWALD
- 101-555 LEGGET DRIVE
- 1 (613) 2952456
- Contact by Email
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