1201 Meadowlands Drive E, Cityview - Parkwoods Hills - Rideau Shore

$499,900
1201 Meadowlands Drive E

$499,900

New
22d
Semi-Detached Bungalow

1201 Meadowlands Drive E, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $2,725

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
29
Yield
7.3%
Cash on Cash
6.5%
Cap Rate
6.0%
5Y IRR
20.8%
10Y IRR
18.9%
Property Type-Semi-Detached
MLS® Number-X13849280
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-37.5 × 100 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$4,007.1 (2026)
Parking-3 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-7201 - City View/Skyline/Fisher Heights/Parkwood Hills
Title-Residential Freehold

No agent assigned

Welcome to 1201 Meadowlands Drive E, a charming and well maintained 3+1 bedroom bungalow in Ottawa offering easy one-level living with plenty of flexibility. The bright living room features large south-facing windows overlooking beautiful front gardens, filling the home with natural light. The main floor offers three bedrooms, including a spacious primary with a 2-piece ensuite, plus a full main bathroom. The lower level adds a fourth bedroom and extra space for a family room, home office, gym, or guest area.This home has been thoughtfully cared for, with a new dishwasher and built-in microwave (2026), furnace (2025), windows and patio door (2023), fridge and deck (2022), roof (2018), and an updated electrical panel. Outside, established gardens add curb appeal, the deck is perfect for summer evenings, and the long driveway parks up to three vehicles, including one under the carport. Close to parks, schools, shopping, transit, and everyday amenities, it's a wonderful fit for first-time buyers, growing families, or downsizers who want to keep their space. 1201 Meadowlands Drive E is ready to welcome you home.Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,725/mo
Mortgage $2,016
Monthly Loss $2,195
Principal$531
Interest$1,486
Property Tax$334
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.9%36
Cash-on-Cash
0.1%8
5-Year IRR
15.8%76
10-Year IRR
15.3%
Returns Index
40.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$36,468/yr
NOI
$24,314/yr
Net Cash Flow
$10/mo
Cash Margin
0.3%5
Cash Flow Index
5.0/ 100
Risk Profile
Weight: 20%
DSCR
1.0027
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
35.0/ 100

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

Comparables

Properties near 1201 Meadowlands Drive E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.