Description
Attention developers and investors - prime redevelopment opportunity with significant upside. Positioned in a rapidly intensifying corridor in Ottawa, this property is zoned MC(2179)H(40) - a highly flexible Mixed-Use Centre designation that permits a wide range of residential and commercial uses, including low- to mid-rise multi-unit development. With a maximum building height of 40 meters, this zoning offers substantial density potential well beyond typical low-rise permissions (buyer to verify), making it ideal for a 6-plex, stacked flats, or more ambitious future redevelopment concepts. The lot measures approximately 112.07 ft x 49.94 ft (5,586 sq ft) and benefits from a functional layout with rear access via laneway, supporting efficient site planning and rear parking configurations - a key advantage for multi-unit development. There is also potential for land assembly with neighboring properties (buyer to verify), presenting an opportunity to secure a larger footprint and unlock greater scale. The existing 3+1 bedroom bungalow with garage and 2 full bathrooms provides interim holding income while development plans are advanced. Located in a high-demand area, the property is within walking distance to LRT, major transit routes, Place d'Orléans Shopping Centre, grocery stores, restaurants, fitness centers, and medical services - an increasingly desirable node for higher-density residential living. Opportunities with this level of zoning flexibility and intensification potential are becoming increasingly scarce. Secure your position in a growing market with strong long-term redevelopment upside.
Location Description
St Joseph Blvd
Property Details
- Community: 2007 - Convent Glen South
- Property Type: Owner/Residential Freehold
- Bedrooms: 4
- Bath: 2
- Garages: Attached
- Annual Property Taxes : $ 3707
Building Features
- Foundation Type: Concrete
- Counstruction Material : Brick-Other
- Total Parking Space : 3
- Parking Type : Attached
Features
- Heating : Forced AirGas
- Sewer : Sewer ,
Listing Contracted With: EXP REALTY
