Located in the well-established and highly sought-after Old Ottawa South neighborhood, just South of The Glebe, this property boasts 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 h...eart of the City. 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, there is a proposed change with the New Draft Zoning Bylaw to commercial CM1 zoning. This new zoning would allow for the development of six-story buildings with a comprehensive list of commercial uses, including multifamily apartments. This makes the property an excellent investment opportunity with the potential for significant development and diverse commercial applications.
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$1,500,000
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.