115 Rita Avenue Ottawa, Ontario K2G 2H2

$492,900

Welcome to 115 Rita Avenue, an exceptional opportunity on a premium 50 x 90 ft lot in the heart of desirable St. Claire Gardens/Citi View. This established yet evolving neighbourhood is known for its quiet, tree-lined streets, spacious lots, and blend of mid-century charm with striking new builds that elevate its architectural appeal. Whether you're looking to build, invest, or design your forever home, this property is a rare and valuable canvas. Tucked at the quiet end of the street, this lot offers privacy and convenience. A nearby pathway leads directly to Algonquin College and connects you to transit and urban amenities. Just minutes to Baseline Station, soon a key LRT stop, College Square, Merivale Road shops, and within a strong school catchment including St. Gregory's, Meadowlands PS, and Merivale HS. Severance is complete and registered with the City of Ottawa. Municipal services are at the lot line, making this a turnkey development. The lot line runs through the center of the existing (now vacant) home, which has been freshly painted and will be removed along with all debris upon sale of the first lot. There is also potential to purchase both parcels. The existing 3-bedroom home has a strong rental history, having been consistently tenanted for over a decade, offering excellent holding income while development plans are finalized. A five-foot hydro easement runs along the rear, increasing total depth to 95 ft and offering flexibility for future builds. Work with award-winning Canterra Design + Build to bring your vision to life. Survey and severance docs are on file; buyers to verify all development requirements and costs. A rare chance to create something remarkable in one of Ottawa's most promising communities. A 24-hour irrevocable is required on all offers. (id:37351)

Property Details

Building

Parking

Land

Utilities

https://www.realtor.ca/real-estate/28512903/115-rita-avenue-ottawa-7301-meadowlandsst-claire-gardens