$1,099,999

For sale

Book a showing

713 St Laurent Boulevard, Ottawa - Vacant Land for Sale

713 St Laurent Boulevard, Ottawa, Ontario, K1K3A6

12,398 ft²Listed 117 days ago

Overview

This lot in Ottawa is for sale offering roughly 12,398 sq ft of space.

Land for Sale in Ottawa →All real estate in Ottawa →

Description

*** Prime 12,400+ Sq. Ft. Development Site on St. Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170.86' lot presents an outstanding opportunity on a central arterial main street. Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment). While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate. Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today. (id:66096)

Property Details

MLS®: X13552120
Property Type: Vacant Land
Zoning: IA1 (Institutional)
Interior Size: 12,398 ft²
Frontage: 73 ft
Building Area: 12,398 ft²
Property Tax: $5,424/yr
Listed: 117 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

117d

Ottawa listings, avg age

63d

Price / ft²

$89

List price

$1.10M

Haho

This vacant land in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by Ali Realty Group Inc. · Akash Sharma

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1K)

This home lists at $1,099,999, about 15.0× the local median household income of $73,500.

Carrying it typically needs a household income of about $214,868 (20% down, 25-yr amortization, stress-tested) — roughly 192% above the area median.

Median household income: $73,500
Population: 32,046
Median age: 42.4
Owner / renter: 41% / 59%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K1K)

$1,099,999· $89/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →