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$ 459,900
Est. payment | /mo
699 SqFt
$ 459,900
Est. payment | /mo
699 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 699 sqft
Price per Sqft $657
Subdivision 7302 - Meadowlands/Crestview
MLS® Listing ID X11932517
Originating Board Ottawa Real Estate Board
Property Description
DEVELOPERS! This severed parcel presents a compelling investment opportunity for developers in the thriving Meadowlands area. Situated on a prime corner lot at the intersection of Donna St and Oakridge Blvd, this property offers excellent access to the 417, Algonquin College, and the future LRT transit system, ensuring strong rental demand. Currently zoned Residential First Density, R1FF, it allows for a single-family dwelling with 2 ADUs under Bill 23. With the anticipated zoning bylaw changes in early 2026, the potential for a fourth ADU emerges, enabling the development of a highly profitable fourplex. This strategic location, coupled with the potential for increased density, makes this an exceptional opportunity to capitalize on the growing demand for rental housing in the Meadowlands and deliver a high-quality, income-generating property. (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by KELLER WILLIAMS INTEGRITY REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "