| 613.829.1000
| 613.829.1000
Prime Development Opportunity, 5 Minutes from Downtown Ottawa! Attention developers and investors! Are you looking for a development opportunity on a prominent Ottawa street? Look no further! This rarely offered 12,000+ sq. ft. lot (73 x 170.86) has outstanding potential in a highly desirable central location. Currently zoned IA1 (Institutional), the property has already undergone pre-consultation for rezoning to AM (Arterial Mainstreet), unlocking opportunities for high-density residential, mixed-use commercial, or multi-unit rental development. Perfectly positioned just minutes from downtown Ottawa, this site is within walking distance to public transit, parks, schools, shopping, dining, and major employment hubs - a location that ensures strong rental demand and long-term appreciation.The property currently includes a rented 3-bedroom, 2-bathroom residence with a workshop area plus a separate 1-bedroom basement apartment with private entrances, providing immediate rental income. With zoning flexibility, income potential and an unbeatable location, this is a versatile investment with both short-term returns and long-term growth in one of Ottawas fastest-developing corridors. Don't miss this opportunity, book your private viewing today. (id:37351)
| MLS® Number | X12366549 |
| Property Type | Single Family |
| Community Name | 3504 - Castle Heights/Rideau High |
| EquipmentType | Water Heater |
| Features | In-law Suite |
| ParkingSpaceTotal | 7 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| BasementFeatures | Separate Entrance, Apartment In Basement |
| BasementType | N/a, N/a |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick Veneer |
| FoundationType | Poured Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1,100 - 1,500 Ft2 |
| Type | House |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 170 Ft ,6 In |
| SizeFrontage | 72 Ft ,8 In |
| SizeIrregular | 72.7 X 170.5 Ft |
| SizeTotalText | 72.7 X 170.5 Ft |
| ZoningDescription | Ia1 (institutional) |
Contact us for more information
Akash Sharma
Salesperson
(888) 311-1172
www.joinreal.com/
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Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
48 Cinnabar Way
Stittsville ON K2S1Y6
