$300,000 – $400,000 Alta Vista Homes For Sale

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For sale
$499,000
288 SMYTH ROAD, Ottawa, Ontario

288 Smyth Road

Ottawa, Ontario

NEW ZONING APPROVED. Prime vacant land in Ottawa’s medical corridor (Alta Vista/Faircrest Heights), surrounded by five major hospitals including the General and CHEO. 288 Smyth Road is MS1 zoned, permitting mixed-use development up to 20m. Parking minimums eliminated. 12-unit concept explored. Approx. $42K per potential unit. Easy access to Hwy 417 and Trainyards. (id:50982)

For sale
$499,900
1544 KILBORN AVENUE, Ottawa, Ontario

1544 Kilborn Avenue

Ottawa, Ontario

Rare opportunity for developers and investors seeking a high-potential property in Ottawa’s Alta Vista Neighborhood. This lot has been cleared, comes with a development charge exemption ($60,000 value) and ready for development planning, while the City of Ottawa’s draft zoning bylaw proposes a transition to CM2 zoning , allowing 4 stories and potentially permitting up to 12 residential units or mixed use. This property is well-positioned for investors seeking easy entry ahead of zoning changes, allowing for plans to be done and ready for the summer. The combination of central location, fully cleared and new CM2 zoning makes it suitable for projects ranging from rental apartments to mixed-use infill developments. Seller financing is available for qualified buyers to assist with acquisition until construction financing is in place. Buyers must verify zoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Neither the seller nor the listing brokerage guarantees zoning outcomes or approvals. (id:50982)

1,500 – 2,000 ft2

About Alta Vista

Looking for a home in Alta Vista? This Ottawa community offers a mix of character homes and newer builds, all within easy reach of parks, schools, and shopping. Its central location makes commuting to downtown quick and convenient.

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