428 Churchill Avenue, Ottawa, Ontario, K1Z5C9




$1,500,000
Ottawa
This lot in Ottawa is for sale offering roughly 6,534 sq ft of space.
Fantastic opportunity for investors and developers to acquire a very prime parcel of land in the vibrant community of Westboro! Zoned Minor Corridor Zone 1 (CM1[128]), this opportunity allows for a custom build / design within one of the city's most vibrant, artistic and thriving "live-work-play" communities which now includes other popular nodes such as Westboro Village, Westboro Beach, Golden Manor, Dovercourt, Hampton Court, and Wellington West. Fronting Churchill Avenue North and corner of Byron Avenue, this area is rip for a new 6 to 8 story residential and commercial mixed-use infill project. Take full advantage of Westboro's exciting "15 minute neighbourhood" initiative where residents and business owners access a wide array shopping convenience and public transit right at their doorstep! Westboro is urban living at its best with a perfect mix of restaurants, shops, cafes, art studios, homes, dog parks, recreational facilities, and professional service businesses nestled alongside the community's beautiful landscape that includes the Ottawa River, Westboro beach, and its many walking and cycling trails. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 155 days on market, against an average age of 63 days across the listings currently for sale in this city
This vacant land in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,500,000, about 19.5× the local median household income of $77,000.
Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1Z)
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