3565 Albion Road Ottawa, Ontario K1T 1A2

$1,199,900

3565 Albion Rd presents a rare land acquisition and redevelopment opportunity within Ottawa's urban boundary. Encompassing approximately half an acre across a 111 x 200 ft double lot, the property offers exceptional frontage, depth, and site planning flexibility inside the Greenbelt, a setting where parcels of this scale are becoming increasingly scarce.Recently rezoned to N4B-2293, the site aligns with the City of Ottawa's intensification objectives and supports increased residential density, accessory dwelling units, and a low-rise built form permitting heights of up to approximately 14.5 metres. The updated zoning framework creates a range of development pathways, including low-rise multi-residential, stacked housing, coach houses, garden suites, or a thoughtfully designed multigenerational compound, subject to approvals.The lot configuration and generous dimensions provide strong fundamentals for redevelopment, expansion, or phased infill, while existing improvements offer interim use or holding income potential. Reduced parking requirements in proximity to transit further enhance site efficiency and buildable coverage.Positioned within the South Keys / Blossom Park growth corridor, the property benefits from immediate access to the LRT / Transitway network, Airport Parkway, and Highway 417, supporting seamless connectivity across the city. Ottawa International Airport, South Keys Shopping Centre, major employment nodes, parks, schools, and institutional amenities are all located just minutes away, reinforcing long-term rental and end-user demand.For developers, investors, and land bankers seeking scale, zoning momentum, and infrastructure proximity within Ottawa's constrained infill landscape, 3565 Albion Rd represents a compelling opportunity to unlock future density in a highly connected urban location. (id:37351)

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https://www.realtor.ca/real-estate/29356277/3565-albion-road-ottawa-2607-sawmill-creektimbermill