1491 STITTSVILLE MAIN STREET, Ottawa, Ontario, K2S1V5

Property Description

Attention: Developers And Investors. Exceptional Opportunity To Acquire A Fully Approved, Permit-Ready Development Site In The Heart Of Stittsville. This 0.40-Acre Lot At 1491 Stittsville Main Street Is Fully Approved And Permit-Ready For Immediate Construction Of A Five-Storey Mixed-Use Building. Approved Plans Include 18 Residential Units (7 One-Bedroom, 8 Two-Bedroom, 3 One-Bedroom Plus Den), 2 Ground-Floor Commercial Units, 34 Parking Spaces (Residential, Visitor, And Retail Mix), 11 Bicycle Spots, And 18 Storage Lockers. Zoned TM9[465]H(15)-H And TM9[2272]H(15), Allowing For A Range Of Commercial And Residential Uses. Located Within Ottawa-Carleton Common Elements Condominium Corporation No. 1030, With Monthly Fees Of $1,740.40. Strategically Positioned On A High-Traffic Corridor With Excellent Visibility And Walkability, This Site Offers Immediate Access To Public Transit, Retail, Schools, And Community Amenities. With Ottawa's Rental Market Strengthening And Condominium Inventory Tightening, This Turnkey Site With All Permits And Approvals Secured, Is A True Shovel-Ready Development Site In A Rapidly Growing Suburban Community With Strong Market Fundamentals. (id:64974)

Quick Facts

• Property Type: Vacant Land
• Bedrooms: None
• Bathrooms: None
• Living Area: 17,567 sq ft (1,632.0 m²)

Costs

• Annual Taxes: $2,883.70

Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.