176 OAKRIDGE BOULEVARD

Ottawa, , K2G2V2, Canada

$899,900

Own the corner position in Ottawa's Baseline corridor with this cash-flowing 2-unit investment. Fully tenanted and generating $47,000/year gross income (~$3,917/month) with an estimated NOI of ~$30,000 (3.3% cap rate at current ask). Situated on a massive 104 x 68 ft corner lot within 800m of the Baseline LRT and Algonquin College - historically low vacancy in this node. The income carries the asset today. The true value lies in the N3D zoning designation, with OLT resolution anticipated Sept 2026 - free optionality for significant intensification without development pressure. At a 3.3% cap rate with zoning upside at no additional cost, 176 Oakridge is priced for today's income, not tomorrow's speculation.

EXTRAS: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer

Last updated on : Tuesday 31st of March 2026 06:25:08 PM

ADDRESS

Street : 176 OAKRIDGE BOULEVARD

City : Ottawa

Country : Canada

Postal Code : K2G2V2

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PROPERTY SUMMARY

Property ID : X12535026

Building Type : House

Property Type : Single Family

Bedrooms : 3 + 2

Bathrooms : 2

Parking : 4

Parking Type: Other, No Garage

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