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View All
Description
RARE FIND... Development lot in Prime Kanata North location in Ottawa's Tech Sector! Selling for land value... this 1.02 Acre lot (203ft x 209ft) is a land assembly of two lots on the corner of Klondike and March Rd. LOT is almost an exact SQUARE shape... great to build. Across from a shopping plaza with a Nationwide store and more. With a 76 Walkscore and 65 Bike score...this suburban location is perfect for upscale business tenants and businesses. Build Multi-Residential structure, Commercial building or mixed. ZONING LC7 S183, with current height restriction of 12.5m or 4 stories. Currently on the lot is a small commercial plaza and two older homes. Collect rent income while developing the site. THE VALUE IS IN THE LAND. There are no environmental studies that were done to it... the buyer is free to do due diligence. Please don't talk to tenants. Great opportunity for a developer/builder! (id:15472)
Additional Information
Location
Land
Building
Financial
Sales Data
Mortgage Calculator
CityOttawa
ProvinceOntario
PostalCodeK1K1X7
CountryCanada
NeighbourhoodKanata North
Street Address807-811 MARCH ROAD
Property TypeVacant Land
Transaction TypeFor sale
MLS #1395118
Ammenities NearByGolf Nearby, Public Transit, Shopping
Size Total1.02 ac
Size Frontage203 ft
AcreageYes
Land AmenitiesGolf Nearby, Public Transit, Shopping
EasementRight of way
Size Depth209 ft
Size Irregular1.02
FeaturesAcreage
Zoning DescriptionLC7 S183
Property TypeVacant Land
Utility WaterMunicipal water
Basement DevelopmentNot Applicable
Basement TypeUnknown (Not Applicable)
Fireplace PresentFalse
Price4950000.00
Listing Contract Date2024-05-31
Lease0.00
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Imagine trying to assemble different parcels of land into one piece - it's kind of like snapping building blocks. Except that we are talking about something people deeply value and cherish - their land. Due to their very nature, land assemblies require long timeframes to complete and can be very time-consuming. Often it is not […]
How To Maximize Value in a Land Assembly Land assemblies involve the selling of unique properties in a single transaction to maximize value in a situation that would otherwise not happen. They require longer time frames to complete and are very complex - mostly this is due to the alignment of ownership expectations and sourcing […]
A Guide to Land Assembly in Vancouver As one of the most popular and densely populated cities in Canada, Vancouver is continuously experiencing growth and expansion. This growth has led to an increase in demand for land, leading to land assembly becoming a popular method for developers to acquire large plots of land in the […]
Western Investor - Chilliwack 2.4-acre industrial site sells for $5.5 million
July 23, 2021
Considered a record per-acre price for Chilliwack industrial, the site is zoned for service industrial on Progress Way. Property: Industrial Location: 44394 Progress Way, Chilliwack Size of property: 6,700 square feet (2 buildings) Size of land: 2.5 acres Zoning: M-I Industrial Sale price: $5.5 million Date of sale: March 31, 2021 Brokerage: Klein Group – […]
