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Meadowlands - Crestview And Area,ON K2G 2V2
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 7302 - Meadowlands/Crestview
MLS Listing ID X12538594
Style Bungalow
Bedrooms 5
Annual Tax Amount $4,687
Tax Year 2025
Property Sub-Type Vacant Land
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. 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!
Location
Province ON
County Ottawa
Community 7302 - Meadowlands/Crestview
Area Ottawa
Rooms
Family Room No
Kitchen 2
Interior
Cooling Central Air
Fireplaces Type Wood
Exterior
Exterior Feature Deck
Parking Features Private Double
Pool None
Waterfront Description None
Roof Type Shingles
Building
Building Age 51-99
Foundation Block