1429 MEADOW DR, Ottawa, Ontario, K4P 1B1

For Sale

$1,199,000 CAD
$1,199,000 CAD
  • MultiFamily
Open House
No open houses are scheduled at this time.
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Property Summary for 1429 MEADOW DR

Type
MultiFamily
Style
Multiplex
Year Built
1875
Parking info
2, Detached
Taxes
$3,286 CAD (2021)
Neighborhood
Greely
Postal Code
K4P 1B1

Description for 1429 MEADOW DR

Great opportunity to diversify your portfolio with two Residential Units and two Commercial Units! Sitting on 1.1 acres, this property is located just behind a main intersection in popular Greely, but still maintains an uber flexible VM3 zoning - ideal for a bed & breakfast, day care, home based business, office, brewery, restaurant and training center (the list continues!) Currently valued at a 5.3 cap, this property CASH FLOWS and has all major systems updated and in good health. The main home is a duplex with one 1 Bedroom Unit and one 4 Bedroom Unit with excellent tenants. Outside there is a oversized 3 bay garage currently rented out to a small business, as well as a commercial grade Quonset in the rear of the property also rented out to another small business. If you've been looking to get involved in some Commercial Investing then this mixed use building is the perfect start!
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Listing provided by Point2 Agent

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Getting Around 1429 MEADOW DR

28
Car-Dependent

Walk Score®

5
Minimal Transit

Transit Score®

43
Somewhat Bikeable

Bike Score®

The area around 1429 MEADOW DR is car-dependent. Services and amenities are generally not close by, meaning you’ll need a car to run most errands. Regarding transit, there are minimal public transportation options available. 1429 MEADOW DR is in a somewhat bikeable community, so you’ll have minimal cycling infrastructure at your disposal.

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Points of Interest for 1429 MEADOW DR

Schools
Bus & Train lines
Airports
Grocery Stores
Restaurants
Shopping
Health Care
Personal Care
Sports & Recreation
Entertainment
Pets
Data source: OpenStreetMap

Demographics in Ottawa

Overview
  • Total Population 1,043,130
  • Average Age 40.1
  • Unemployment Rate 7.2%
  • Total Households 373,755
  • Average People per Household 2.5
  • Average Commuting Time 27 min
  • Median Home Value $400,148
  • Median Household Income $85,981
  • Median After-Tax Household Income $73,745
Population
Male Population 48.6%
Female Population 51.4%
Education
No Diploma 12.2%
High School 24.0%
Apprenticeship 4.1%
College 20.0%
University Diploma 2.0%
University Degree 37.6%
Commuting to Work
By Car, Truck or Van 68.4%
By Public Transit 20.6%
By Bicycle/By Walking 10.0%
By Other Methods 1.0%
Martial Status
Married 47.1%
Living Common Law 9.1%
Single 30.4%
Separated 2.7%
Divorced 5.9%
Widowed 4.8%
Housing
Owner Occupied 65.7%
Renter Occupied 34.3%

Single-Detached Homes 42.3%
Apartments 18.4%
Attached Homes 39.1%
Movable Homes 0.2%
Ottawa has 1,043,130 inhabitants with an average age of 40.1. There are 373,755 households in the city, while the median after-tax income per household is $73,745 and the average number of people living under the same roof is 2.5. The median value of property in Ottawa is set at $400,148 and the average commute is 27 min long. Read more about Ottawa demographics.
Disclaimer
Demographic data shown in this section was gathered from the latest census data from Statistics Canada (2016).
Census aggregated data represented here is extracted from Data Tables, by topic, at census subdivision area level. Differences may be found between the totals of the various categories due to multiple variables.
The information is updated as soon as new data is made available. No representation, guarantee or warranty is made as to the accuracy or completeness of information.
*Total population 2020 extracted from Annual Population Estimates.

Frequently Asked Questions

When was 1429 MEADOW DR first built?

1429 MEADOW DR was built in 1875.

What postal code is 1429 MEADOW DR in?

1429 MEADOW DR is in the K4P 1B1 postal code.

Does 1429 MEADOW DR include any type of parking?

Yes, 1429 MEADOW DR comes with parking options: detached, 2.

Additional Information About 1429 MEADOW DR, Ottawa, Ontario, K4P 1B1

1429 MEADOW DR, Ottawa, Ontario, K4P 1B1 is currently for sale for the price of $1,199,000 CAD. The property is located in the Greely neighbourhood. Taxes for 1429 MEADOW DR, Ottawa, Ontario, K4P 1B1 are $3286 CAD (2021).

Joe Salazar
Joe Salazar

RE/MAX

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