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221 Echo Dr 0.23 Acres of Commercial Land Offered at $4,500,000 CAD in Ottawa, ON K1S 1N1


Investment Highlights
- Preliminary MS1 [2222] H(20) zoning supports building heights up to 20 meters with flexible design options.
- Adjacent to the Rideau Canal corridor and moments from Elgin Street, Main Street, and Lansdowne Park.
- Conceptual analysis suggests potential for 36,000-45,000 sq. ft. of mixed-use development.
- Prominent corner lot with significant visibility along Colonel By Drive and Hawthorne Avenue.
- Easy access to Highway 417 and Ottawa’s downtown business and entertainment districts.
- No mandatory parking requirements, offering cost advantages for developers.
Executive Summary
Property Facts
| Price | $4,500,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Zoning | MS1 [2222] H(20) | ||
| Price | $4,500,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.23 AC |
| Zoning | MS1 [2222] H(20) |
1 Lot Available
Lot
| Price | $4,500,000 CAD | Lot Size | 0.23 AC |
| Price Per AC | $19,672,819.16 CAD |
| Price | $4,500,000 CAD |
| Price Per AC | $19,672,819.16 CAD |
| Lot Size | 0.23 AC |
Cross Streets: Colonel By & Hawthorne. ** Directions: Heading East on 417 - take Metcalfe exit. Continue straight on Isabella. Right on Elgin/Hawthorne. Heading West on 417 - take Metcalfe exit. Right on Metcalfe, Right on Argyle, Right on Elgin, Lef
Description
The property is offered as part of a land assembly totaling approximately 9,964 square feet, situated at the intersection of Colonel By Drive and Hawthorne Avenue in the Old Ottawa East neighborhood. Zoning under review is MS1 [2222] H(20), which allows for mixed-use development with provisions for building heights up to 20 meters. The site is located adjacent to the Rideau Canal and within minutes of Ottawa’s downtown core, Highway 417, and Lansdowne Park. Existing municipal services include sanitary sewer and water connections.
Presented by
221 Echo Dr
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