713 St Laurent Boulevard,Ottawa, ON K1K3A6
Ottawa, ON K1K3A6
Description
*** Prime 12,400+ Sq. Ft. Development Site on St. Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170.86' lot presents an outstanding opportunity on a central arterial main street. Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment). While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate. Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today. (id:13843)
Details
| MLS # | X13552120 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 116 |
| Listing Provided By | Ali Realty Group Inc. | Akash Sharma |
Features
| SQ Feet | 12,398 |
|---|---|
| Zoning | IA1 (Institutional) |
Interior
| Fireplace Yes / No | No |
|---|
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5424 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1K3A6 |
| Listing VS Median (in K1K3A6) | |
Price: $1,099,999 low | high Med: $1,099,999 sqft: 12,398 low | high Med: 12,398 $ / sqft: $89 low | high Med: $89 On site: 116 low | high Med: 116 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1K3A6 |
| Listing VS Median (in K1K3A6) | |
Price: $1,099,999 low | high Med: $1,099,999 sqft: 12,398 low | high Med: 12,398 $ / sqft: $89 low | high Med: $89 On site: 116 low | high Med: 116 | |