Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | No Pets Allowed |
Financials
Price:C1,750,000
($1,255,900)
(€1,089,400)
Annual Taxes:C9,360.38
Exceptional Development Site in Prime Ottawa East Location Builder Alert Unparalleled development opportunity on an oversized 14, 124 sq.
Description
Exceptional Development Site in Prime Ottawa East Location - Builder Alert Unparalleled development opportunity on an oversized 14,124+ sq. ft. parcel with 85' frontage x 165' depth, positioned steps from the Rideau River, Rideau Canal and the highly anticipated Main Street Promenade. This strategically located property is surrounded by a vibrant mix of retail, dining, schools, parks and multi-use pathways - an ideal urban growth centre for in-fill development. The site's current zoning supports a wide spectrum of residential product types including: Single-family bungalows Townhomes and stacked front-to-back townhomes Duplexes and triplexes Semi-detached dwellings Flexible multi-family configurations responsive to market demand Subject to a minor variance, the parcel has strong potential for higher-density development including condominium-style apartments, subject to municipal approvals. All services (natural gas, hydro, water and sewer) are available at the street. The property fronts onto a paved one-way street, providing excellent site access and efficient logistics for construction staging. The existing two-storey brick residence has been disconnected from municipal services and can be removed to facilitate redevelopment. Seller is open to partnering on financing and development applications with acceptable offers supported by a robust development concept and comprehensive credit documentation. Proof of financial capability required with offer. Includes conceptual design ideas and aerial drone views. Approved severance available - see complementary listings for severed lot opportunities. A rare offering for builders, developers, and visionary investors seeking a premier Ottawa East development site.
Amenities
- Landscaped
- Trees/Woods
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.