K1B Commercial Land Properties for Sale

Commercial Real Estate in K1B available for sale

Commercial Land Properties for Sale Within 5 kilometers of K1B

713 St Laurent Blvd

Ottawa, ON K1K 3A6

Land for Sale
$1,189,000 CAD
0.28 AC Lot

Ottawa Land for Sale - East Central

Prime Development Opportunity, 5 Minutes from Downtown Ottawa! Attention developers and investors! Are you looking for a development opportunity on a prominent Ottawa street? Look no further! This rarely offered 12,000+ sq. ft. lot (73 x 170.86) has outstanding potential in a highly desirable central location. Currently zoned IA1 (Institutional), the property has already undergone pre-consultation for rezoning to AM (Arterial Mainstreet), unlocking opportunities for high-density residential, mixed-use commercial, or multi-unit rental development. Perfectly positioned just minutes from downtown Ottawa, this site is within walking distance to public transit, parks, schools, shopping, dining, and major employment hubs - a location that ensures strong rental demand and long-term appreciation.The property currently includes a rented 3-bedroom, 2-bathroom residence with a workshop area plus a separate 1-bedroom basement apartment with private entrances, providing immediate rental income ($27,600 annually). With zoning flexibility, income potential and an unbeatable location, this is a versatile investment with both short-term returns and long-term growth in one of Ottawas fastest-developing corridors. Don't miss this opportunity, book your private viewing today.

Contact:

REAL BROKER ONTARIO LTD

Property Subtype:

Commercial

Date on Market:

2025-09-21

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1209 St. Laurent Blvd

Ottawa, ON K1J 1A2

Land for Sale
Price Upon Request
1.05 AC Lot

Ottawa Land for Sale - East Central

Institutional Property Advisors (IPA), a division of Marcus & Millichap, Brokerage (the “Advisor” or “IPA”) on behalf of the “Vendor” is pleased to offer for sale a 100% freehold interest in 1209 St. Laurent Boulevard & 1200 Lemieux Street, Ottawa, Ontario (the “Property”). The 1.1-acre site underwent rezoning to optimize Ottawa’s Transit-Oriented Development (TOD) zoning, specifically designed for sites near LRT stations. Following rezoning, policy now allows for the construction of two 30-storey towers, totaling 645 units and 532,272 square feet of constructable area above grade, with 4 levels of underground parking. The opportunity boasts ~159ft of frontage on St. Laurent Boulevard and ~124ft of frontage on Lemieux Street.