517-517B Shoreway Drive
Greely - Metcalfe - Osgoode - Vernon and Area, ON
- 7 bed
- 4 bath
- approx. 3000-3500 sqft
- Detached
- 37 days on market
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 firepit.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $10,431
- Listed
- August 13, 2026
Price History
Property
- Style
- Bungalow-Raised
- Construction
- Stone, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Countertop Range, Built-In Oven, Primary Bedroom - Main Floor, Sauna, In-Law Capability, In-Law Suite
- Lot Size
- 95.61 x 215.18 Metres
Parking
- Garage
- Attached
- Covered Spaces
- 4
- Total Parking
- 28
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Old Prescott Rd and Lake Trail Rd.
- Zoning
- V1E[617r]
- Parcel Number
- 043151479
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- All fridges, freezer, dishwasher, stove, hot water tank in main living space. Apartment-dishwasher, stove, washer, dryer.
Schools
Elementary
- Greely Elementary School1.6 km
Public · Ottawa-Carleton DSB · 145 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 30% met the provincial standard
- St Mary (Gloucester) Elementary School3.7 km
Catholic · Ottawa CSB · 370 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Castor Valley Elementary School4.6 km
Public · Ottawa-Carleton DSB · 685 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 57% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K4P
- Population
- 10,448
- Private dwellings
- 3,551
- Median age
- 44.4
- Average household size
- 3
- Median household income
- $155,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Greely - Metcalfe - Osgoode - Vernon and Area · last 12 months
- Median sold price
- $795,000
- Homes sold
- 263
- Median days on market
- 28
- Sale-to-list price
- 96.7%
Based on 263 recorded sales of residential freehold properties in Greely - Metcalfe - Osgoode - Vernon and Area over the last 12 months.
Rooms
5-piece on Main, 2-piece on Main, 5-piece on Main, 2-piece on Lower
Main
- Bedroom15'1" x 12'2"
- Bedroom11'10" x 12'4"
- Dining Room16'4" x 17'5"
- Kitchen19'6" x 17'7"
- Laundry11'9" x 10'
- Living Room19'4" x 25'
- Office12'10" x 12'1"
- Primary Bedroom15'10" x 17'5"
Lower
- Bedroom13'9" x 14'8"
- Bedroom12'10" x 14'8"
- Other8'11" x 9'2"
- Recreation18'4" x 22'
Listed by
ENGEL & VOLKERS OTTAWA
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$457,600
Estimated Monthly Payment
$11,240
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $11,240/mo (20% down, 5.5%)
Taxes: $869/mo · Insurance: $572/mo
Estimates only. Consult a financial advisor.
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