Laurentianview · K1Z 5G1
$999,900
$667 / sq ft3 weeks on market
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Rare Westboro development opportunity: a 66 x 100 ft parcel (612 sq m) on a designated Minor Corridor, zoned CM1 under Ottawa's new Zoning By-law 2026-50. A professional development assessment by Novatech confirms multiple build scenarios, none requiring a rezoning: (1) Six-storey apartment building, approx. 16 units, 1,300+ sq m gross floor area, with rear-yard parking and amenity space. (2) Sever into two lots and build two six-storey buildings, approx. 8 units each, off a shared driveway, or develop both on one lot as a Planned Unit Development. (3) Four three-storey townhomes, each with two additional dwelling units, for 12 doors total. (4) Standalone retail or office, or mixed-use with ground-floor commercial and five storeys of residential above. Key CM1 zoning specs: maximum height 20 m, no minimum lot area or lot width, no front yard setback below 15 m of building height. The Official Plan's Evolving Neighbourhood Overlay supports intensification here, and the street already shows it: low-rise apartments within 100 m, mid-rise development along Richmond and Carling. Protected bike lanes on Churchill, frequent transit on two nearby corridors, and Westboro's shops, cafes, and parks within walking distance. Holding strategy included: the updated, fully liveable three-bedroom bungalow on site can generate rental income while plans and permits take shape. Development sites in Westboro rarely come to market with this much certainty attached.
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An estimate on the asking price of $999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENGEL & VOLKERS OTTAWA. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.