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:13843)
Details
| MLS # | X11932517 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 152 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | Johnny Kulwartian |
Features
| Zoning | R1FF |
|---|
Taxes
| Property | 1 |
|---|
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Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2G2V4 |
