280 PRESLAND Road, Overbrook - Castleheights and Area, ON K1K 2B8 (Lola/Presland Rd)

Price : $999,900.00 , MLS®# : X12578916

Description

DEVELOPMENT OPPORTUNITY! A prime urban site for builders, investors or developers seeking a well-located property with significant future potential. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Just five minutes from downtown Ottawa, this property offers excellent connectivity and everyday convenience in one of the best locations in the city! The LRT, VIA Rail, St. Laurent Shopping Centre, transit routes, parks and a wide range of amenities are all within walking distance. With quick access to Hwy 417 - only one exit from the downtown core - this location is ideal for multi-residential development or future redevelopment. A rare opportunity to secure land in a rapidly evolving part of the city. Property sold as-is, where-is.

Location Description

Lola/Presland Rd

Property Details
  • Community: 3502 - Overbrook/Castle Heights
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 2
  • Bath: 1
  • Garages: Carport
  • Annual Property Taxes : $ 5029
Building Features
  • Foundation Type: Unknown
  • Counstruction Material : Other
  • Total Parking Space : 4
  • Parking Type : Carport
Building Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 49.73 sq.ft
  • Land Depth: 161.04sq.ft

Listing Contracted With: EXP REALTY