Westboro - Hampton Park Homes with Vacant Land Subtype

Westboro - Hampton Park Homes with Vacant Land Subtype

Welcome to Westboro - Hampton Park, a vibrant and charming neighborhood nestled in the heart of Ottawa, Ontario. Known for its picturesque streets and a strong sense of community, this area offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and retirees alike.

Westboro - Hampton Park is celebrated for its eclectic mix of local shops, trendy cafes, and lush parks, providing residents with ample opportunities for leisure and recreation. The nearby Ottawa River offers beautiful waterfront views and scenic pathways for walking, cycling, and enjoying the great outdoors. With a reputation for excellent schools and a friendly, welcoming atmosphere, this neighborhood has become a sought-after destination for those looking to settle down in a vibrant city.

One of the standout features of Westboro - Hampton Park is the availability of homes with vacant land. This unique subtype of real estate presents a fantastic opportunity for buyers who envision creating their dream home or investing in a property with potential for future development. The vacant land allows for flexibility in design and landscaping, enabling homeowners to tailor their space to their specific needs and desires. Whether you’re looking to build a modern masterpiece or a cozy retreat, the possibilities are endless.

In Westboro - Hampton Park, you’ll find a community that values both tradition and innovation, making it a perfect backdrop for your next chapter. Come explore this enchanting neighborhood and discover the endless opportunities that await you!

Newest Westboro - Hampton Park Homes with Vacant Land Subtype

$2,499,999
X13075310 MLS
Fully entitled mid-rise development opportunity in one of Ottawa's most sought-after and supply-constrained corridors. This permit-ready project offers a rare combination of scale, location, and reduced approval risk, ideally suited for experienced developers seeking a high-quality urban infill site.Approved (site plan registered, all studies and engineering plans completed and approved) for a 6-storey (approx. 20m) mixed-use building comprising 19 residential units and approximately 3,000 sq. ft. of commercial space over two levels, with a total gross floor area of ~20,000 sq. ft. Situated on a 40' x 100' lot, the property benefits from a secured minor variance eliminating parking requirements, maximizing efficiency and buildable area.Positioned in the vibrant Wellington/Richmond/Island Park node, the site is surrounded by premium developments, strong demographics, and established retail amenities, supporting long-term rental and investment performance.The project has been designed and with key parameters aligned to CMHC MLI Select program requirements, including residential/commercial allocation thresholds and energy efficiency considerations. Successful qualification under CMHC's MLI Select program can provide access to highly favourable financing terms, including up to 95% loan-to-cost and amortizations of up to 50 years.All information provided is believed to be accurate but must be independently verified by the Buyer. Offering is made on an "as-is, where-is" basis. Seller makes no representations or warranties regarding development potential, approvals, financing, or projected performance. Buyers are responsible for conducting their own due diligence with respect to zoning, permits, costs, and feasibility.A rare opportunity to acquire a near shovel-ready asset in a premier urban location with significant upside potential.

89 Richmond Road, Westboro - Hampton Park

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