Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

176 OAKRIDGE Boulevard, Meadowlands - Crestview and Area, ON K2G 2V2 (Donna and Oakridge)
$ 899900 - MLS : X12535026

From Our Gallery

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. 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!

Location Description

Donna and Oakridge

Property Detail

Community: 7302 - Meadowlands/Crestview
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 2
Garages: Other
Annual Property Taxes : $ 4687.53

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Block
Counstruction Material : Brick
Total Parking Space : 4
Parking Type : Other

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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