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299 Carling Ave 3 Acres of Commercial Land in Ottawa, ON K1S 4L5

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INVESTMENT HIGHLIGHTS

  • Approved for an estimated 600,000 sq. ft. of potential development density,
  • Property is currently vacant and ready for development.
  • Adjacent to Dow's Lake

EXECUTIVE SUMMARY

The favourable size and shape of the Property, as well as the increasing demand for residential projects in Ottawa, will allow investors to capitalize on robust market growth, and develop a complementary mixed-use offering in a rapidly-evolving Ottawa market.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 3.00 AC
Zoning AM - Arterial Mainstreet Zoning

1 LOT AVAILABLE

Lot

Lot Size 3.00 AC

The prperty is comprised of approximately 3 acres, enabling prospective purchasers to firmly establish themselves in this development sphere as a result of the offering’s significant scale. A combination of multi-residential and mixed-use

DESCRIPTION

Development of the Property provides an opportunity to integrate the Property into the neighborhood complementing its unique cultural attractions and events. Located in the heart of Ottawa’s exciting Little Italy neighbourhood, adjacent to the HWY 417 corridor, within minutes of Dow’s Lake Pavillon, and the Canal, the Property benefits from immediate access to an abundance of lifestyle, dining, shopping, and community amenities. Under the current Official Plan (2013) Ottawa’s Little Italy area has been designated as one of the City’s highest densification areas and as a result is now home to newly built residential projects, including the City’s tallest building on record. The Property is within 200 meters of the City’s new LRT Line (Phase 2) and within 400 meters of the existing rail line (Carling Station)

Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27182594

  • Date on Market: 2022-11-24

  • Last Updated:

  • Address: 299 Carling Ave, Ottawa, ON K1S 4L5

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