Developers and Investors! Prime Ottawa Development Opportunity!Dont miss the chance to acquire a high-potential 12,000+ sq. ft. development site just 5-10 minutes from downtown Ottawa. Currently zoned IA1 (Institutional), with the potential for rezoning to AM (Arterial MainStreet), this site offers significant development potential for high-density residential, mixed-use commercial, or multi-unit rental projects.Located in a highly desirable area, its steps from public transit, parks, schools, restaurants, shopping, and moreensuring maximum returns. The area has strong rental demand and great appreciation potential, with close proximity to major commercial and employment hubs.The property includes a 3-bedroom, 3-bathroom main residence and a separate 1-bedroom basement apartment, providing immediate rental income. Additional revenue can be generated from parking rentals to nearby businesses, enhancing cash flow while planning your redevelopment.This is an exceptional opportunity to secure a versatile property with both short-term and long-term potential in Ottawas growing market. Call today to discuss the development possibilities! (id:47423)
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Detailed Information
Bedrooms
3
Lot
73 x 170.83 ft
Amenities Nearby
Public Transit, Park
Listing Contract Date
2025-02-27
Location Description
St. Laurent Blvd between McArthur & Montreal Road
# of Parking Spaces
8
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
Residential
Building
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Development
Finished
Basement Type
Full (Finished)
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.96 m x 2.2 m
Bedroom
Second level
4.11 m x 2.89 m
Primary Bedroom
Second level
4.11 m x 2.89 m
Living room
Main level
5.94 m x 3.65 m
Family room
Main level
6.4 m x 2.43 m
Kitchen
Main level
2.89 m x 2.74 m
Parking Spaces
Name
Spaces
Inside Entry
Utilities
Type
Description
Cable
Available
Sewer
Installed
Land
Total Size
73 x 170.86 FT ; 1 | under 1/2 acre
Amenities
Public Transit, Park
Sewer
Sanitary sewer
Size of Irregular Land
73 x 170.86 FT ; 1
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