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$ 429,900
Est. payment | /mo
$ 429,900
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 7302 - Meadowlands/Crestview
MLS® Listing ID X11932517
Source 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
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by KELLER WILLIAMS INTEGRITY REALTY
"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"