Mirna Botros

613-600-2626

176 Oakridge Boulevard - $999,900

176 Oakridge Boulevard

$999,900

7302 - Meadowlands/Crestview

Ottawa, OntarioK2G2V2

5 beds

2 baths

4 parking

MLS#: X12538594Listed: 6 days agoUpdated:4 days ago

Description

This corner property presents a rare and timely infill land assembly opportunity strategically located in a high-demand, transit-oriented node near Algonquin College and the Baseline LRT Station. The property offers immediate revenue from its existing two-unit residential dwelling. Designated under the City of Ottawa's new planning framework for N3D Zoning, which is due to be enacted in early 2026, this future zoning permits significant intensification, specifically allowing for a maximum of 10 dwelling units per building and a height limit of 11 metres (3 storeys). Initial feasibility indicates potential for an 18-unit, two-building rental project on this single lot. The current upper-floor tenant is vacating at the end of December, providing a critical window for a developer to execute a live-in financing strategy while commencing the required planning and approvals for the high-density intensification immediately. All information regarding future zoning, development potential (including the 18-unit concept), and servicing capacity is based on draft documents. Buyers' intended use should be verified by the Buyer through independent due diligence. Opportunities to secure prime land under the new N3D density are extremely limited-act now to capitalize on the year-end vacancy! (id:58075)

Details

Details for 176 Oakridge Boulevard, Ottawa, Ontario

Property Type: Vacant Land
Building Type: -
Storeys: 1
Neighborhood: 7302 - Meadowlands/Crestview
Land Size: 104 x 68 FT
Year Built: -
Annual Property Taxes: $4,688
Parking Type: No Garage

Inside

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer
Rooms: 12
Bedrooms: 5
Bathrooms: 2
Fireplace: -
Fireplace Total: 1
Basement: Apartment in basement, Separate entrance, N/A, N/A

Building

Architecture Style: Bungalow
Direction: Cross Streets: Donna and Oakridge. ** Directions: TAKE WOODROFFE AVE SOUTH, LEFT ON MEADOWLANDS DR, RIGHT ON SULLIVAN, RIGHT ON OAKRIDGE BLVD. HOME IS ON THE LEFT.
Type of Dwelling: -
Roof: -
Exterior: Brick
Foundation: Block
Flooring: -