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Prime Development Opportunity, 5 Minutes from Downtown Ottawa! Attention developers and investors! Are you looking for a development opportunity on a prominent Ottawa street? Look no further! This rarely offered 12,000+ sq. ft. lot (73 x 170.86) has outstanding potential in a highly desirable central location. Currently zoned IA1 (Institutional), the property has already undergone pre-consultation for rezoning to AM (Arterial Mainstreet), unlocking opportunities for high-density residential, mixed-use commercial, or multi-unit rental development. Perfectly positioned just minutes from downtown Ottawa, this site is within walking distance to public transit, parks, schools, shopping, dining, and major employment hubs - a location that ensures strong rental demand and long-term appreciation.The property currently includes a rented 3-bedroom, 2-bathroom residence with a workshop area plus a separate 1-bedroom basement apartment with private entrances, providing immediate rental income. With zoning flexibility, income potential and an unbeatable location, this is a versatile investment with both short-term returns and long-term growth in one of Ottawas fastest-developing corridors. Don't miss this opportunity, book your private viewing today.
Fridge, Stove, Washer, Dryer and Dishwasher
City: Ottawa
Neighborhood: Castle Heights/Rideau High
Purchase Price | $1189000 |
Down Payment | $237800 |
Mortgage Insurance | $0 |
Total Mortgage | $951200 |
Mortgage Payment | $5862 |
Property Taxes | $440 |
Maintenance Fees | $0 |
Monthly Payment | $6302 |
Sold Comparables homes near 713 St Laurent Blvd, Ottawa
Located at 713 St Laurent Blvd , this Ottawa house is available for sale. This property was listed for $1,189,000 on Wed Aug 27 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 7 parking spots. 713 St Laurent Blvd, Ottawa is situated in the Castle Heights/Rideau High neighbourhood.
MLS#: X12366549 · $1,189,000 · 3 bedroom house in Castle Heights/Rideau High, Ottawa