3 Bedroom
3 Bathroom
1100 - 1500 sqft
Central Air Conditioning
Forced Air
$1,189,000
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:59142)
Property Details
|
MLS® Number
|
X12366549 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Rideau-Rockcliffe |
|
Community Name
|
3504 - Castle Heights/Rideau High |
|
Equipment Type
|
Water Heater |
|
Features
|
In-law Suite |
|
Parking Space Total
|
7 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Features
|
Separate Entrance, Apartment In Basement |
|
Basement Type
|
N/a, N/a |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick Veneer |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1100 - 1500 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
170 Ft ,6 In |
|
Size Frontage
|
72 Ft ,8 In |
|
Size Irregular
|
72.7 X 170.5 Ft |
|
Size Total Text
|
72.7 X 170.5 Ft |
|
Zoning Description
|
Ia1 (institutional) |
https://www.realtor.ca/real-estate/28781771/713-st-laurent-boulevard-ottawa-3504-castle-heightsrideau-high