This lot in Ottawa is for sale offering roughly 14,638 sq ft of space. It has been on the market 15 days, fresher than the Ottawa average of 62 days.

Description

Site plan-approved 24-storey mixed-use redevelopment opportunity featuring 175 residential units, ground-floor commercial space, a five-storey podium and underground parking. Situated on a 0.49-acre corner lot at Carling Avenue and Archibald Street, the property offers approximately 130 feet of Carling Avenue frontage directly across from Westgate Shopping Centre. Located within an established residential, commercial and healthcare corridor, the site provides developers with a defined high-rise development opportunity in Ottawa's evolving Carling Avenue corridor. Seller is open to a Vendor Take Back pending terms. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:66096)

Property Details

MLS®: X14098944
Property Type: Vacant Land
Zoning: H2[2748]
Interior Size: 14,638 ft²
Lot Size: 129 × 112 ft (14,448 sq ft)
Frontage: 129 ft
Property Tax: $52,146.46/yr
Listed: 15 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Ottawa listings, avg age

62d

Price / ft²

$786

List price

$11.50M

Haho

This vacant land in Ottawa has been listed for 15 days, which is 47 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · Danny Morissette

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1Z)

This home lists at $11,500,000, about 149.4× the local median household income of $77,000.

Carrying it typically needs a household income of about $2,246,353 (20% down, 25-yr amortization, stress-tested) — roughly 2817% above the area median.

Median household income: $77,000
Population: 22,714
Median age: 38.4
Owner / renter: 37% / 63%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1Z)

$11,500,000· $786/ft²

For sale

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1330 Carling Avenue, Ottawa - Vacant Land for Sale