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Description

Exceptional Development Opportunity in the Highly Sought-After St. Claire Gardens Area! Attention builders, developers, and savvy investors. This rare corner lot measuring approximately 95 ft x100 ft offers outstanding redevelopment potential in one of Ottawa's fastest transforming neighbourhoods. Surrounded by luxury infill projects and strong resale demand, opportunities like this are becoming increasingly rare in this highly desirable pocket. With potential to develop up to 18 residential units (buyer to verify with the municipality), this property presents a compelling opportunity to capitalize on the area's continued intensification and strong demand for new housing. Ideally located just minutes from Highway 417, Algonquin College, College Square, parks, schools, transit, restaurants, and everyday amenities, the location is highly attractive for both future residents and tenants. St. Claire Gardens continues to see significant redevelopment with modern infill homes and multi-unit projects driving long-term value and investment interest. The existing home is currently being operated as a short-term rental, offering potential interim income while development plans are explored. Some rooms may be unavailable for viewing. Offers to be presented Monday March 23rd at 5:00 PM. The seller reserves the right to review and accept pre-emptive offers. Property is being sold as-is, where-is. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, and development potential. 99.82 ft x 94.90 ft x 99.82 ft x 94.90 ft (per GeoWarehouse) (id:2469)