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$1,195,000
Est. payment /mo
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 2204 - Pineview
MLS Listing ID X12192450
Annual Tax Amount $5,335
Tax Year 2025
Property Sub-Type Vacant Land
Lot Depth 131.5
Lot Front 115.4
Property Description
PRIME DEVELOPMENT OPPORTUNITY 0.346 Acres with R2N ZONING. Rare urban infill opportunity on a 15,090 sq ft (0.346 acre) lot, offering exceptional potential for residential development. Zoned R2N, the property supports severance into 3 lots by right, and 4 lots with minor variance. Recent precedents set on the adjacent street. Located within walking distance of the LRT and just minutes from Cyrville Rd, Innes Rd, and Hwy 417, this site offers excellent transit and commuter access. The area is well-positioned for growth, and Ontario's Bill 23 further encourages density and development within city limits. Preliminary concept studies suggest the potential for 9, 12, or up to 16 units, such as long semi-detached homes with Secondary Dwelling Units (SDUs), subject to municipal approvals. This is an ideal opportunity for developers looking to contribute to the city's intensification goals while capitalizing on strong rental and resale demand. The property also includes a solid 1,200 sq ft all-brick bungalow with an attached garage, a detached garage, and an additional laneway. A separate rear entrance offers potential for a basement SDU, providing interim rental income or phased development options. Urban land parcels of this size, zoning, and location are increasingly rare. Whether for immediate redevelopment or future investment, this site offers the location, flexibility, and municipal support developers need to succeed.
Location
Province ON
County Ottawa
Community 2204 - Pineview
Area Ottawa
Rooms
Family Room No
Kitchen 0
Interior
Interior Features In-Law Capability
Exterior
Waterfront Description None
Lot Frontage 115.4
Lot Depth 131.5
Others
ParcelsYN No
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Listed by RE/MAX HALLMARK REALTY GROUP