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Listed 2 months ago

109 Meadowlands Drive W

7301 - Meadowlands/St. Claire Gardens, Meadowlands - Crestview and Area

$874,900

Detached|Bungalow
3 | 2 | 6
About this home

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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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,694
Lot Size121.95 ft x 61.85 ft
mls© NumberX13737758
Listed ByRE/MAX DELTA REALTY TEAM

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,478
Property tax
$391
Heat allowance
$150
Housing costs
$5,019 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $174,980
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$174,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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