Description

POTENTIAL of UP TO 36 UNITS with this development opportunity under the City's new zoning code. Zoning Summary and Review are available upon request. This property is close to Place d'Orleans, the new upcoming LRT Station, and plenty of nearby Shopping & Amenities. This property has been re-zoned, and is designated as N3B under the City of Ottawa's New Zoning By-Law. Conceptual drawings visible in listing photos are for 24 and 32 unit iterations. The lot is 85 x 215 feet, and the property is currently tenanted at $2900/month inclusive of utilities, allowing for the collection of rents while you plan and prepare your lucrative development project. *Buyers advised to conduct their own due-diligence.* (id:66096)

Property Details

MLS®: X14114580
Property Type: Vacant Land
Zoning: N3B - City of Ottawa's New Zoning By-Law 2026-50
Bathrooms: 2
Parking: 10
Lot Size: 18,077 sq ft (0.41 ac)
Frontage: 85 ft
Price per Acre: $2,144,385 per acre
Property Tax: $4,169.73/yr
Listed: 11 days ago

Market Timing

Days on market

11d

Ottawa listings, avg age

62d

List price

$890K

Haho

This vacant land in Ottawa has been listed for 11 days, which is 51 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (K1C)

This home lists at $889,900, about 7.6× the local median household income of $117,000.

Carrying it typically needs a household income of about $173,829 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $117,000
Population: 37,235
Median age: 46
Owner / renter: 84% / 16%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K1C)

$889,900

For sale

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Financing

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6958 Notre Dame Street, Ottawa - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K1C)

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