176 Marlborough Avenue, Ottawa Centre, ON K1N 8G4

$874,900

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List Price
$874,900
MLS#
X13602822
Status
ACTIVE
Type
Land
SubType
Vacant Land
Style
Other
Living Area
< 700
Province
ON
Municipality
Ottawa Centre
Area
Ottawa
Neighborhood
4101 - Ottawa Centre
Subdivision
Laurier Avenue East To The North And Osgoode Street To The South

Property Description

Development opportunity in Sandy Hill. This 40 x 100 ft lot (approx. 4,000 sq ft) sits within a Major Transit Station Area, roughly a 16-minute walk to the uOttawa O-Train station, with shops, restaurants, groceries and parks all within reach.The property falls under the City of Ottawa's new N3B zoning framework (By-law 2026-50), which contemplates higher-density residential development on lots of this size. A completed architectural and planning study by RJH Architecture + Planning is available to qualified buyers and outlines three development concepts: a sixplex, two front-to-back triplexes capable of severance into separate freehold titles, or a nine-unit building. The Major Transit Station Area location means no on-site parking is required under the new framework.The existing 1942 home has sustained fire and smoke damage and is being sold for land value. Buyers are advised to complete their own due diligence regarding zoning status and permissions, demolition and remediation, lot dimensions, servicing, and all development potential.Sandy Hill continues to draw builder and investor interest, with new small multi-unit product throughout the surrounding blocks - a transit-oriented infill site with the planning groundwork already underway. Buyer to verify all information. Property sold as-is, where-is.

Additional Information

Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Exterior
Other
Waterfront Type
None
Garage Type
None
Pool
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.