1488 Stittsville Main St 7,118 SF 75% Leased Retail Building Ottawa, ON K2S 1E3 $3,500,000 CAD ($491.71 CAD/SF)

This property presents a rare and significant development opportunity in the heart of Stittsville, one of Ottawa’s fastest-growing suburban communities. Currently improved with a retail plaza, the site spans a generous 119 ft by 180 ft and is positioned within a vibrant neighborhood surrounded by established and emerging residential developments. The property benefits from flexible TM9 zoning, allowing for a wide range of commercial and residential uses, making it highly attractive for mixed-use redevelopment.
The site is designed for visibility and convenience, featuring oversized windows, ample parking, and quick access to major highways, public transit, and a future transit station. Development plans envision seven ground-floor commercial units, 64 residential apartments (1-2 bedrooms), and 40 underground parking spaces, aligning with the area’s strong demand for housing and retail services.
Located near restaurants, shopping, and recreational amenities, this property is well-positioned to capitalize on Stittsville’s ongoing growth and planning initiatives. With strong development momentum in the district and increasing activity in the surrounding area, this asset offers exceptional long-term potential for investors, developers, and business owners seeking a high-visibility, high-demand location.