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Home ON Ottawa - Gatineau Ottawa Cummings
713 ST LAURENT BOULEVARD
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713 ST LAURENT BOULEVARD $1,189,000
$1,189,000
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713 ST LAURENT BOULEVARD
Ottawa, Ontario K1K3A6

MLS® Number: X12656706

Listing Description

*Unlock 12,000+ Square Feet of Central Ottawa Potential* - Attention developers and land-banking specialists: this rarely offered 73-foot by 170.86-foot lot offers an outstanding main-street central location with a clear path to high-density redevelopment. Groundwork for significant value-add has already been laid through 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 that aligns with Ottawa's aggressive intensification targets.The site currently features a unique dual-unit setup that offers immediate utility. The main three-bedroom house generates consistent income from a reliable tenant, while the separate one-bedroom basement suite is currently vacant and ready for its next chapter. This vacancy is a major benefit, providing a "blank canvas" for an owner-occupier to move in and live while managing the development plans, or for an investor to optimize the suite and maximize the property's total cap rate.Located just 5 minutes from the heart of Downtown, the location is truly unbeatable. Proximity to the light rail system, major hospital hubs, and Parliament Hill ensures that any future project on this site will be a highly sought-after destination for professional tenants and residents alike. Scale and location meet perfectly in this fast-developing corridor. Don't miss your chance to secure a massive footprint with immediate income and massive future growth-book your private viewing today. (41867115)

Location Description

Cross Streets: St. Laurent Blvd and Clarke Avenue. ** Directions: From St. Laurent Blvd, property is on the right hand side right after Clarke Avenue.

Property Summary

Property Type
Vacant Land
Community Name
3504 - Castle Heights/Rideau High
Land Size
Bldg=73 x 170.86 FT
Annual Property Taxes
$5,424
Time on REALTOR.ca
14 days

Building

Building Features
Rental Equipment
Water Heater
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water

Measurements

Square Footage
12398 sqft
Exterior Building Size
12398 sqft

Land

Lot Features
Frontage
73 ft
Land Depth
170 ft ,10 in
Other Property Information
Zoning Description
IA1 (Institutional)
Data provided by: Ottawa Real Estate Board
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