109 Meadowlands Drive W, Meadowlands - Crestview and Area

$874,900
109 Meadowlands Drive W

$874,900

New
51d
DetachedBungalow

109 Meadowlands Drive W, Meadowlands - Crestview and Area

Total Monthly Obligation $4,295

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
51d
Score
17
Yield
4.1%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-X13737758
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-121.95 × 61.85 ft
Listed on site-Sep 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,694.05 (2026)
Parking-6 - Carport
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX DELTA REALTY TEAM
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-7301 - Meadowlands/St. Claire Gardens
Title-Residential Freehold

No agent assigned

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.

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$
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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$699,920
Land Transfer Taxes$13,973
Legal Fees (Est.)
$
Total cash required for closing$190,453

Total Monthly Obligation

$4,295/mo
Mortgage $3,529
Monthly Loss $3,367
Principal$929
Interest$2,600
Property Tax$391
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,604/yr
NOI
$22,850/yr
Net Cash Flow
-$1,625/mo
Cash Margin
-54.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo35
Risk Index
19.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 109 Meadowlands Drive W

Time

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