$810,000
65 DAVID DRIVE
Beds
5
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime corner lot opportunity at 65 David Drive - an exceptional find for builders, developers, and investors alike! zoning R1FF, 80.5 ft by 93.5 ft. Possible severance. Previously rented $3200 per month. This solid bungalow offers incredible flexibility with a functional layout featuring 3 bedrooms on the main level, along with a fully finished basement complete with 2 additional bedrooms, 1 bathroom, and a second kitchen.With two kitchens and a layout that supports easy separation into two distinct units, this property presents strong potential for rental income, multi-generational living, or future redevelopment. The prominent corner lot enhances visibility, access, and long-term value.Whether you're looking to renovate, rent, or reimagine, this is a rare opportunity in a desirable location with endless possibilities. Steps from Algonquin College! | Fireplace and oil tank in basement in as-is condition | Some photos digitally rendered. | Recommend buyers to do their due diligence with confirming how many units can be built, photos are digitally rendered to give a general visual, not accurate** (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- 7301 - Meadowlands/St. Claire Gardens
- Common interest
- Freehold
- Lot dimensions
- 80.5 x 93.5 FT ; 0
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 6 total
- Stories
- 1
- Fireplace
- 1
- On market
- Apr 21, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $4,586.95
- Zoning
- Residential
- Photos
- 36
- MLS#
- X13024920
- Area
- OTTAWA
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.66%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,997
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.