517-517B Shoreway Drive, Ottawa, photo 1 1 / 24

$2,198,000

517-517B Shoreway Drive

Greely, Ottawa, ON K4P0G3 · MLS® X13848624

  • 7Bedrooms
  • 4Bathrooms
  • 28Parking

About this property

Welcome to an exceptional custom-built luxury estate nestled in the highly sought-after Lakewood Trails community, one of Ottawa's premier executive neighbourhoods, offering exclusive access to private lakes, community pool, fitness center. Designed with flexibility, comfort and investment value in mind, this remarkable residence offers approximately 6,600 sqft. of beautifully finished living space, ideal for large families, multigenerational living, professionals working from home or buyers seeking mortgage-supporting rental income.The impressive main residence spans over 3,350 sqft. and features 5 spacious bedrooms, office/library room, large foyer at the main entrance, 3.5 bathrooms, multiple walk-in closets, large laundry room, mudroom, walk-in pantry, hardwood and tile flooring and abundant natural light from oversized triple-glazed windows. The open-concept living area features a gas fireplace and spectacular 16-foot glass patio doors leading to an oversized cedar deck overlooking the private backyard. The primary suite offers a private retreat with an elegant electric fireplace. An additional 1,600 sq. ft. of finished lower-level living space includes a private walkout with heated snow-melt system, sauna, second family room / theatre room, kitchenette, full bathroom, 2 rooms, direct garage access and space for a future hot tub. A standout feature is the fully legal secondary dwelling unit, complete with its own civic address, private entrance, separate mechanical systems, dedicated air exchanger, and approximately 1,700 sqft. of finished living space. It includes 2 bedrooms, full bathroom, spacious kitchen, dining and living areas, laundry, ample storage and radiant in-floor heating throughout-offering outstanding rental income potential. Car enthusiasts and growing families will appreciate the heated quadruple garage. The professionally landscaped exterior features concrete walkways, irrigation, covered entrance and private backyard fire-pit. (id:65933)

Type
House
Category
Single Family
Annual taxes
$10,431
Updated
Oct 1, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Engel & Volkers Ottawa.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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