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$ 1,490,000
Est. payment | /mo
$ 1,490,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 9010 - Kanata - Emerald Meadows/Trailwest
MLS Listing ID X12428064
Annual Tax Amount $28,343
Tax Year 2025
Property Sub-Type Land
Property Description
The subject property offers approximately 1.36 acres of development land, strategically located within a General Mixed (GM) use zone with an urban exception and schedule. The site benefits from a 22-metre height allowance within a Minor Corridor designation, supporting the Citys vision for future 15-minute neighbourhoods where both residential and non-residential uses are encouraged. This creates the opportunity to explore multi-residential, mixed-use, or commercial development, with the potential to accommodate a building of up to six storeys. Alternatively, the property presents the flexibility to pursue a rezoning to IP Business Park, expanding development possibilities to align with surrounding employment and light industrial uses. A preliminary consultation with City staff indicated support for this conversion. To illustrate its potential, the marketing package includes two concept plans: a single-storey 20,000 sq. ft. warehouse and a three-storey 51,000 sq. ft. office building. Together, these scenarios highlight the sites adaptability and strong development upside for a wide range of end users and investors.
Location
Province ON
County Ottawa
Area Ottawa
Exterior
Utilities Available Available
Lot Frontage 240.91
Others
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES