Rare 10. 14 acre residential development assembly in Rockland, 30 minutes east of downtown Ottawa on County Road 17.
Clarence-Rockland K4K 1H6
Canada
Listing
| Web ID: | 5773369 |
|---|---|
| Website: | https://www.nestseekers.com/5773369 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C4,950,000
($3,498,600)
(€3,073,000)
Annual Taxes:C484
Description
Rare +/-10.14-acre residential development assembly in Rockland, 30 minutes east of downtown Ottawa on County Road 17. Developable upland zonedR3-49-h; flood plain overlay (R3-49-FP-h) along the frontage corridor. Official Plan support for approximately 308 mid-rise apartment units (zoning to fivestoreys); documented concept of up to 360 units in three six-storey buildings via OPA/ZBA and three-part severance. Phase I ESA (no Phase II required),geotechnical report, Environmental Impact Study, drone orthomosaic/terrain model and current topographic survey on file. Municipal water and sanitary atthe perimeter (holding provision; capacity to be confirmed). Direct Hwy 17 exposure with access from Edwards Street. Clarence-Rockland is one ofEastern Ontario's fastest-growing municipalities (2025 est. pop. 30,310, projected 33,277 by 2030), average household incomes near $151,000, 2,400+ownership rooftops in the pipeline. No purpose-built rental project over 20 units has ever been delivered in the municipality - a first-mover,institutional-scale opportunity. Buyer to conduct own due diligence regarding zoning, servicing, yield and approvals.