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    For Sale - 176 OAKRIDGE Boulevard, Meadowlands - Crestview and Area, Ontario

    Est payment $4,956/mo
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    Views   1
    Time on Jump  102 day

    AI Summary *

    • Corner property in a high-demand area near transit and Algonquin College.
    • Immediate rental income from existing two-unit residential dwelling.
    • Future zoning allows up to 10 dwelling units and 3 storeys.
    • Initial feasibility shows potential for an 18-unit rental project.
    • Current tenant vacates soon, offering a chance for timely development.




    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!
    Listing IDX12535026
    Address176 OAKRIDGE Boulevard
    CityMeadowlands - Crestview and Area, Ontari…
    Price$999,900
    Bed / Bath5 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick
    Land Size827
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, In-Law SuiteOutdoor Features DeckAmenities Public Transit, Fenced YardOwnership FreeholdWaterfront NoneBasement Separate Entrance, ApartmentFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY
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