724 River RoadSold
Blossom Park - Airport and Area
$2,950,000
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Home Details
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Listing Description
Outstanding Development Opportunity at 724 River Road, OttawaLocated along the Rideau River in the growing Riverside SouthLeitrim community, 724 River Road offers an exceptional development opportunity. This prime 1.57-hectare (3.88-acre) property features approximately 46 metres of frontage on River Road and 50 metres along the river. Situated in a vibrant and rapidly developing area, this site is ideal for a builder or investor seeking to capitalize on Ottawas strong suburban growth.Currently developed with a single detached dwelling, detached garage, and an in-ground pool, the property is designated "Neighbourhood" within the City's Official Plan and "Neighbourhood Low Density" under the new Riverside South Secondary Plan. A concept plan prepared by Fotenn Planning + Design outlines the potential for a Planned Unit Development (PUD) featuring 27 townhomes and 10 additional dwelling units, for a total of 37 residential units and a site density of 44 units per net hectare.Future development will require a Zoning By-law Amendment to transition from the current Development Reserve (DR1) zoning to a residential designation suitable for the proposed uses. Servicing studies, environmental setback confirmations, and site plan approvals will also be part of the development process.With no immediate rear neighbors, beautiful riverfront surroundings, and strong community growth, 724 River Road represents a rare and exciting opportunity to create a thoughtfully planned residential enclave in one of Ottawas most desirable suburban settings.
City: Blossom Park - Airport and Area
Mortgage Calculator
Your estimated monthly payment for 724 River Road is 22,949
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $4,500,000 |
| Down Payment | $900,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $3,600,000 |
Monthly Payment
| Mortgage Payment | $22,184 |
| Property Taxes | $765 |
| Maintenance Fees | $0 |
| Monthly Payment | $22,949 |
About 724 River Road, Blossom Park - Airport and Area
Located at 724 River Road , this Blossom Park - Airport and Area house is available for sale. This property was listed for $2,950,000 on Thu Mar 26 2026. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 8 parking spots.
MLS#: undefined · $2,950,000 · 3 bedroom house in Blossom Park - Airport and Area