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$999,900

3+2 Beds

2 Baths

700 - 1100 FEETSQ

QuickQuoteTM: Not Available

Ottawa ON, K2G 2V2

MLS® # X12535026

Property Information:

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. The current upper-floor tenant is vacating at the end of December, providing a critical window for a developer to execute a live-in financing strategy while commencing the required planning and approvals for the high-density intensification immediately. 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 on the year-end vacancy! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Amenities:
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Features: Flat site
  • Fence Type: Fenced yard
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 68.0 Feet
  • Lot Frontage: 104.0 Feet
  • Lot Size: 104 x 68 FT
  • Structure Type: Deck, Shed
  • Utility Type: Hydro - Installed, Cable - Installed, Sewer - Installed,
  • Zoning: R1FF
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Living Basement Level 4.65 m x 6.10 m
  • Kitchen Basement Level 3.10 m x 1.60 m
  • Laundry Basement Level 2.45 m x 2.90 m
  • Bedroom Basement Level 3.30 m x 3.43 m
  • 2nd Bedroom Basement Level 3.30 m x 3.13 m
  • Living Main Level 4.77 m x 4.08 m
  • Dining Main Level 3.12 m x 2.51 m
  • Bedroom Main Level 3.68 m x 2.51 m
  • Bedroom Main Level 3.68 m x 3.45 m
  • Bedroom Main Level 3.37 m x 2.79 m
  • Kitchen Main Level 3.70 m x 3.65 m
  • Bathroom Main Level 1.20 m x 2.02 m

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Location of 176 OAKRIDGE BOULEVARD, Ottawa, Ontario, K2G 2V2

Demographic Information of 176 OAKRIDGE BOULEVARD, Ottawa, Ontario, K2G 2V2

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$135,347.67

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.65 %

High school certificate or equivalent

25.49 %

Apprenticeship trade certificate/diploma

4.19 %

College/non-university certificate

17.59 %

University certificate (below bachelor)

2.01 %

University Degree

40.06 %

Commuter

Travel To Work

By Car

79.07 %

By Public Transit

9.14 %

By Walking

4.15 %

By Bicycle

2.05 %

By Other Methods

5.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.5 %

Houses

94.5 %

Own Vs. Rent