Overview

This lot in Ottawa is for sale.

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Description

Great opportunity for Commercial Development. Just under 5 acres of Rural Commercial Property. Many permitted uses such as animal care, animal hospital, artist studio, automobile rental establishment, dealership, automobile service station, bar, campground, car wash, click and collect facility (By-law 2016-289), Residential detached dwelling, gas bar, heavy equipment & vehicle sales, rental & servicing hotel, parking lot, restaurant, retail food store, limited to a farmers' market, retail store, storefront industry, and warehouse. As well, the permitted uses for RC3 (1777 March Rd). Together they offer numerous potential opportunities to develop. We also have completed an EP level 1 study showing 1785 March rd as clean), available upon receipt of an offer. There are 3 parcels here (1769 & 1777 & 1785 March Road - geoOttawa); with 3 different rural commercial and residential zonings. The permitted uses are on file. Call for more details. PIN 045330606 PIN 045330612 PIN 045330611. (id:66096)

Property Details

MLS®: X13606992
Property Type: Vacant Land
Zoning: Rc1, Rc3, RC(228r)
Lot Size: 3.80 acres
Frontage: 685 ft
Price per Acre: $526,166 per acre
Property Tax: $15,013/yr
Listed: 101 days ago

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

101d

Ottawa listings, avg age

63d

List price

$2M

Haho

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Listed by ROYAL LEPAGE TEAM REALTY · Wadah Al-Ghosen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $2,000,000, about 17.4× the local median household income of $115,000.

Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 240% above the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$2,000,000

For sale

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Financing

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1769 MARCH Road, Ottawa - Vacant Land for Sale