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Developers and Investors! Prime Ottawa Development Opportunity!Dont miss the chance to acquire a high-potential 12,000+ sq. ft. development site just 5-10 minutes from downtown Ottawa. Currently zoned IA1 (Institutional), with the potential for rezoning to AM (Arterial MainStreet), this site offers significant development potential for high-density residential, mixed-use commercial, or multi-unit rental projects.Located in a highly desirable area, its steps from public transit, parks, schools, restaurants, shopping, and moreensuring maximum returns. The area has strong rental demand and great appreciation potential, with close proximity to major commercial and employment hubs.The property includes a 3-bedroom, 3-bathroom main residence and a separate 1-bedroom basement apartment, providing immediate rental income. Additional revenue can be generated from parking rentals to nearby businesses, enhancing cash flow while planning your redevelopment.This is an exceptional opportunity to secure a versatile property with both short-term and long-term potential in Ottawas growing market. Call today to discuss the development possibilities!
Stove, Dryer, Washer, Refrigerator, Dishwasher
City: Ottawa
Neighborhood: Overbrook/Castle Heights
Purchase Price | $1225000 |
Down Payment | $245000 |
Mortgage Insurance | $0 |
Total Mortgage | $980000 |
Mortgage Payment | $6039 |
Property Taxes | $442 |
Maintenance Fees | $0 |
Monthly Payment | $6481 |
Located at 713 St Laurent Blvd , this Ottawa house is available for sale. This property was listed for $1,225,000 on Thu Feb 27 2025. This house's size is 73 x 170.86 Feet. It has 3 bedrooms and null bathrooms. The property includes the following rooms: Living, Family, Kitchen, Br, Br, Primary. This property comes with 8 parking spots. 713 St Laurent Blvd, Ottawa is situated in the Overbrook/Castle Heights neighbourhood.
MLS#: X11992492 · $1,225,000 · 3 bedroom house in Overbrook/Castle Heights, Ottawa