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:47423)
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Detailed Information
Lot
20.88 x 14.45 m
Listing Contract Date
2025-01-20
Location Description
DONNA / OAKRIDGE
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R1FF
Building
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
20.9 x 14.5 M | under 1/2 acre
Size of Irregular Land
20.9 x 14.5 M
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