Unlock the potential of this rare 3+1 bedroom bungalow on a corner lot in St. Claire Gardens, featuring over 120 feet of frontage along Meadowlands Drive, 2 large side yards and an abundance of possibilities for homeowners, investors, and developers alike. The home offers a 1-bedroom lower-level suite with its own laundry, providing an excellent option for multi-generational living or additional rental income, with a separate rear entrance easily converted into a fully independent entrance. The property offers the flexibility to live in one unit while renting the other, or use it as an investment property while exploring future redevelopment opportunities. The property is located within the CM-2 zoning designation, which offers a range of future development possibilities, potentially including multi-unit residential buildings, townhomes, and lot severances, subject to municipal approvals, applicable regulations, and development permissions. Whether you're looking to build, invest, generate rental income, accommodate extended family, or simply enjoy a spacious home in a highly desirable neighbourhood, this property offers exceptional flexibility and long-term potential. Ideally situated in St. Claire Gardens, the property is just minutes from Algonquin College, Carleton University, shopping, parks, transit, and the Civic Hospital, making this an attractive location for both residents and tenants. (id:28469)
Facts & features
Property
MLS® Number
X13737758
Property Type
Single Family
Neighbourhood
Ryan Farm
Community Name
7301 - Meadowlands/St. Claire Gardens
Ownership
Freehold
Equipment Type
Water Heater
Features
In-law Suite
Parking Space Total
6
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Below Ground
1
Bedrooms Total
4
Amenities
Fireplace(s)
Appliances
Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (finished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
1
Size Interior
700 - 1,100 Sqft
Type
House
Utility Water
Municipal Water
Parking
Carport
—
Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
61 Ft ,10 In
Size Frontage
122 Ft
Size Irregular
122 X 61.9 Ft
Size Total Text
122 X 61.9 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,874/mo
Ontario land transfer tax
$13,973 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.