$1,500,000

Vacant Land For Sale In Old Ottawa South, Ottawa, Ontario

$1,500,000

Property Information:

Located in the well-established and highly sought-after Old Ottawa South neighborhood, just South of The Glebe, this property is in a prime location in easy walking distance to the scenic Rideau Canal and Rideau River, Bank Street, shopping. Backs onto Woodbine Place, a quaint Village Lane in the heart of the City, and convenient access for parking. Lansdowne Park just across the bridge, walk to Carleton U, easy access to Downtown. The lot measures approximately 50' x 100', providing ample space for development. Currently, the property is zoned R3Q, which permits the construction of up to 6 residential units. However, the proposed changes with the New Draft Zoning Bylaw to CM1 zoning would allow for the development of 6 story buildings with a comprehensive list of uses, including commercial and multifamily apartments. With the setbacks, the gross building area could be 17,000 sq ft. - a good development opportunity. (id:27)

Building Features:

  • Floor Space: 4951 sqft

Property Features:

  • Property Type: Vacant Land
  • Floor Space (approx): 4951 Square Feet
  • Irregular: Yes
  • Lot Depth: 99.3 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 99.4 FT
  • Zoning: R3Q[487]. New Draft Zoning - CM1 (Commercial)
  • Sewer: Sanitary sewer

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

  • Contains info Licensed under Open Govt. - Ottawa -
  • Contains info Licensed under Open Govt. - Ottawa -
  • Contains info Licensed under Open Govt. - Ottawa -
  • Current Zoning R3Q -
  • New Draft Zoning CM1 [commercial] -
  • Contains info Licensed under Open Govt. - Ottawa -