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104 Viewmount Drive, Meadowlands - Crestview and Area, ON K2G 3C1

6 beds · 2 baths · 2 kitchens · 12 rooms · 4 parking spaces · 2000-2500 sq ft · Detached
$749,000
Property tax
$5,215 / year

Exceptional investment opportunity with strong existing income and a legal Secondary Dwelling Unit (SDU)! Welcome to 104 Viewmount Drive, a well-maintained bungalow situated on an oversized lot in a convenient central location. Currently generating $3,813.06 per month in rental income & with a CAP rate of 5.2%, this turnkey property offers immediate cash flow with excellent long-term upside.The main floor unit features a bright and spacious layout with a large living room highlighted by an oversized picture window, an adjoining dining area with patio doors leading to the backyard deck, and a functional kitchen with ample cabinetry and workspace. Three generously sized bedrooms, a full bathroom, and in-unit laundry complete the upper level.The fully finished lower-level legal SDU offers a separate entrance through a ground-floor mudroom and features an open-concept kitchen, dining and living area, three bedrooms, a full bathroom, and separate laundry. The flexible layout makes this property ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. A major benefit for investors is the separate hydro metering, with tenants responsible for their own hydro costs. The upper unit also pays its own natural gas heating, helping keep operating expenses low and maximizing net income.Outside, you'll find a wide driveway, attached garage, attractive curb appeal, and a large lot with ample outdoor space. The oversized lot also presents future development or expansion potential, subject to municipal approvals.Whether you're looking to add a cash-flowing asset to your portfolio, live in one unit while renting the other, or secure a versatile multi-generational property, this property delivers exceptional value. Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.

MLS number
X13428616
Type
Detached
Status
Active
Bedrooms
6
Bathrooms
2
Postal code
K2G 3C1
Photos
34
Laundry
Not in the unit
94days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Meadowlands Public School
Ottawa-Carleton DSB
Elementary436 m5.8 / 10
58% met the standard
Abraar School - ElementaryElementary472 mNot reported
Merivale High School
Ottawa-Carleton DSB
Secondary644 m8.6 / 10
86% met the standard · 2 of 6 measures
Merivale Intermediate School
Ottawa-Carleton DSB
Elementary716 mNot reported
St. Juan Diego Catholic Elementary School
Ottawa CSB
Elementary1.1 km7.8 / 10
78% met the standard
OCSB Achievement Centre
Ottawa CSB
Secondary1.2 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 560 people.

$97,000Median household income
83.7%Own their home
75.6%Detached houses
41.2Median age
30.3%Born outside Canada
31.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060462 — the few blocks around this address, home to 560 people. It describes the area, not this property.

560Population
42.7Average age
2.7Household size
$109,000Average household income
$97,000Median household income
84%Own their home
16%Rent
0%Condominiums
30%Born outside Canada
31%University degree
$584,000Average home value
6%Low income
53%Not in the labour force
38%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$35,000 to $39,9992%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9993%
$70,000 to $79,9997%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over34%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over7%

Percentages are of the 295 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$149,800 · minimum here is $49,900
$3,316.41per month
Borrowed before insurance$599,200
Total borrowed$599,200
Interest over 25 years at 4.5%$395,723

If you rented it out

-$3,750.99per month out of pocket
Rent$0.00
Everything it costs to hold$3,750.99
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE INTEGRITY REALTY. Listing data provided by the Toronto Regional Real Estate Board.