This lot in Ottawa is for sale. It has been on the market 7 days, fresher than the Ottawa average of 62 days.

Description

Exceptional Development Opportunity - 801 Walkley Road! Prime 50' x 200' lot offering approximately 10,000 sq. ft. of land with CM2 zoning, now fully in effect with no outstanding appeals. Permitting a maximum building height of 15 metres (approximately 49 feet), with potential for 4 to 5 storeys, the property offers a broad range of residential and mixed-use development opportunities, including ground-floor commercial space with residential units above. Ideally situated within walking distance of Mooney's Bay Beach and the Walkley O-Train Station, providing convenient access to recreation, public transit and everyday amenities. An excellent opportunity for developers and investors looking to capitalize on a well-located property with significant redevelopment potential! (id:66096)

Property Details

MLS®: X14122644
Property Type: Vacant Land
Zoning: CM2
Bathrooms: 0
Lot Size: 51 × 200 ft (10,151 sq ft)
Frontage: 51 ft
Property Tax: $3,320/yr
Listed: 7 days ago

Services

Water: Municipal water
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ottawa listings, avg age

62d

List price

$715K

Haho

This vacant land in Ottawa has been listed for 7 days, which is 55 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 · Jen Parker

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1V)

This home lists at $715,000, about 7.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $139,665 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $93,000
Population: 57,157
Median age: 38
Owner / renter: 58% / 42%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K1V)

$715,000

For sale

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Financing

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801 Walkley Road, Ottawa - Vacant Land for Sale