header

$2,950,000
Available - For Sale
Listing ID: X12120478
Outstanding Development Opportunity at 724 River Road, OttawaLocated along the Rideau River in the growing Riverside SouthLeitrim community, 724 River Road offers an exceptional development opportunity. This prime 1.57-hectare (3.88-acre) property features approximately 46 metres of frontage on River Road and 50 metres along the river. Situated in a vibrant and rapidly developing area, this site is ideal for a builder or investor seeking to capitalize on Ottawas strong suburban growth.Currently developed with a single detached dwelling, detached garage, and an in-ground pool, the property is designated "Neighbourhood" within the City's Official Plan and "Neighbourhood Low Density" under the new Riverside South Secondary Plan. A concept plan prepared by Fotenn Planning + Design outlines the potential for a Planned Unit Development (PUD) featuring 27 townhomes and 10 additional dwelling units, for a total of 37 residential units and a site density of 44 units per net hectare.Future development will require a Zoning By-law Amendment to transition from the current Development Reserve (DR1) zoning to a residential designation suitable for the proposed uses. Servicing studies, environmental setback confirmations, and site plan approvals will also be part of the development process.With no immediate rear neighbors, beautiful riverfront surroundings, and strong community growth, 724 River Road represents a rare and exciting opportunity to create a thoughtfully planned residential enclave in one of Ottawas most desirable suburban settings.
Price $2,950,000
Taxes: $9,176
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 724 River Road , Blossom Park - Airport and Area, K4M 1B2, Ottawa
Postal Code: K4M 1B2
Province/State: Ottawa
Legal Description: PT LT 21 CON BFRF GLOUCESTER AS IN N5566
Directions/Cross Streets: River Rd and Earl Armstrong
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Washroom 36 0
Washroom 37 0
Washroom 38 0
Washroom 39 0
Washroom 40 0
Washroom 41 0
Washroom 42 0
Washroom 43 0
Washroom 44 0
Washroom 45 0
Washroom 46 0
Washroom 47 0
Washroom 48 0
Washroom 49 0
Washroom 50 0
Washroom 51 0
Washroom 52 0
Washroom 53 0
Washroom 54 0
Washroom 55 0
Washroom 56 0
Washroom 57 0
Washroom 58 0
Washroom 59 0
Washroom 60 0
Washroom 61 0
Washroom 62 0
Washroom 63 0
Washroom 64 0
Washroom 65 0
Washroom 66 0
Washroom 67 0
Washroom 68 0
Washroom 69 0
Washroom 70 0
Washroom 71 0
Washroom 72 0
Washroom 73 0
Washroom 74 0
Washroom 75 0
Washroom 76 0
Washroom 77 0
Washroom 78 0
Washroom 79 0
Washroom 80 0
Washroom 81 0
Washroom 82 0
Washroom 83 0
Washroom 84 0
Washroom 85 0
Washroom 86 0
Washroom 87 0
Washroom 88 0
Washroom 89 0
Washroom 90 0
Washroom 91 0
Washroom 92 0
Washroom 93 0
Washroom 94 0
Washroom 95 0
Washroom 96 0
Washroom 97 0
Washroom 98 0
Washroom 99 0
Washroom 100 0
Washroom 101 0
Washroom 102 0
Washroom 103 0
Washroom 104 0
Washroom 105 0
Washroom 106 0
Washroom 107 0
Washroom 108 0
Washroom 109 0
Washroom 110 0
Category: Designated
Building Percentage: F
Total Area: 1.57
Total Area Code:  Hectares
Area Influences: Public Transit  
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sewers: Sanitary Availa
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:


From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOLID ROCK REALTY

724 River Road , Blossom Park - Airport and Area, K4M 1B2, Ottawa

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Blossom Park - Airport and Area
Neighbourhood: 2602 - Riverside South/Gloucester Glen
Style:
Lot Size: x 0.00(Acres)
Approximate Age:
Tax: $9,176
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949