176 OAKRIDGE BOULEVARD, Ottawa, Ontario, K2G2V2

Property 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! (id:64974)

Quick Facts

• Property Type: Vacant Land
• Style: Bungalow
• Bedrooms: 5 (3 above, 2 below)
• Bathrooms: 2
• Fireplaces: 1
• Parking: 4 spaces (Other, No Garage)
• Frontage: 104 ft (31.7 m)

Costs

• Annual Taxes: $4,687.53

Listing Provided by: ROYAL LEPAGE INTEGRITY REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.