163 Norice Street
Meadowlands - Crestview and Area, ON
- 6 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 108 days on market
Rare opportunity to acquire a substantial development lot measuring approximately 103' x 148', ideally located in an established and highly desirable Ottawa neighbourhood. Zoned N2E, this property offers a range of potential redevelopment opportunities for builders, developers, and investors seeking a well-positioned site in a growing urban market.This location also provides outstanding access to major amenities, including schools, Algonquin College, public transit, shopping, parks, and recreational facilities, making it an attractive setting for future development.The property may be purchased with tenants in place for immediate income potential or with vacant possession, offering flexibility to suit a purchaser's development timeline and objectives.Development sites of this size and location are increasingly difficult to find. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and any applicable municipal approvals.
Listing Details
- Taxes (2025)
- $4,994
- Originally Listed
- $1,329,000
- Listed
- June 1, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Accessory Apartment, Carpet Free, Sump Pump, Water Heater Owned
- Lot Size
- 103 x 146 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Woodroffe and Norice
- Zoning
- N2E
- Parcel Number
- 046730182
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- St Gregory Elementary School0.4 km
Catholic · Ottawa CSB · 435 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 51% met the provincial standard
- Meadowlands Public School1.2 km
Public · Ottawa-Carleton DSB · 450 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 35% met the provincial standard
- Manordale Public School1.5 km
Public · Ottawa-Carleton DSB · 285 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 29% met the provincial standard
Secondary
- Launch Secondary School1.1 km
Public · Ottawa-Carleton DSB
- Sir Guy Carleton Secondary School1.3 km
Public · Ottawa-Carleton DSB · 315 students
Grade 10 literacy: 42% met the provincial standard
- Merivale High School1.8 km
Public · Ottawa-Carleton DSB · 1440 students
Grade 10 literacy: 96% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2G
- Population
- 50,692
- Private dwellings
- 18,451
- Median age
- 40
- Average household size
- 2.8
- Median household income
- $114,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Meadowlands - Crestview and Area · last 12 months
- Median sold price
- $735,000
- Homes sold
- 84
- Median days on market
- 19
- Sale-to-list price
- 98.2%
Based on 84 recorded sales of residential freehold properties in Meadowlands - Crestview and Area over the last 12 months.
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
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Location
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Mortgage Calculator
$257,800
Estimated Monthly Payment
$6,332
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,332/mo (20% down, 5.5%)
Taxes: $416/mo · Insurance: $322/mo
Estimates only. Consult a financial advisor.
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