713 ST LAURENT BOULEVARD
Ottawa, Ontario
MLS® X13552120
$1,099,999
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13552120
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
*** Prime 12,400+ Sq. Ft. Development Site on St.
Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170. 86' lot presents an outstanding opportunity on a central arterial main street.
Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment).
While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate.
Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today.
Property summary
- MLS® number
- X13552120
- Property type
- Vacant Land
- Square footage
- 12,398 sq ft
- Land size
- Bldg=73 x 170.86 FT
- Annual property taxes
- $5,424.00
- Days on market
- 86 days
What would this home cost you?
Based on the $1,099,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Ali Realty Group Inc., Ottawa.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.