REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment | /mo
$ 499,900
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 3607 - Alta Vista
MLS Listing ID X12591022
Annual Tax Amount $4,749
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Rare opportunity for developers and investors seeking a high-potential property in Ottawa's Alta Vista Neighborhood. This lot has been cleared, comes with a development charge exemption ($60,000 value) and ready for development planning, while the City of Ottawa's draft zoning bylaw proposes a transition to CM2 zoning , allowing 4 stories and potentially permitting up to 12 residential units or mixed use. This property is well-positioned for investors seeking easy entry ahead of zoning changes, allowing for plans to be done and ready for the summer. The combination of central location, fully cleared and new CM2 zoning makes it suitable for projects ranging from rental apartments to mixed-use infill developments. Seller financing is available for qualified buyers to assist with acquisition until construction financing is in place. Buyers must verify zoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Neither the seller nor the listing brokerage guarantees zoning outcomes or approvals.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 36.88
Lot Depth 100.0
Others
ParcelsYN No
Listed by CENTURY 21 SYNERGY REALTY INC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
