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$748,962
Available - For Sale
Listing ID: X12691852
Prime development site in Ottawa's ByWard Market. 185 York Street offers exceptional zoning flexibility with current R5S S77 zoning and future N6B S77 designation under Ottawa's New Zoning By-law. Permitted uses include low-rise, mid-rise, and high-rise apartment dwellings, with the ability to build up to 6 storeys (21.4 m height) by-right. A clean Phase 1 Environmental Site Assessment from 2022 is on file. Previously approved minor variances for lot width and area help streamline development without the need for public consultation. The property measures approximately 33 x 99 feet (3,209 sq ft). Ideally located steps to the Rideau Centre, University of Ottawa, Parliament Hill, O-Train station, and the ByWard Market, this site is well suited for boutique urban residential projects, purpose-built rentals, or luxury multi-unit development. Ground-floor commercial uses are permitted, including retail, office, or café-style activation, making it attractive for mixed-use development. Situated on York Street, slated for transformation into a pedestrian-priority shared promenade between 2025 and 2027 as part of the ByWard Market Public Realm Plan, the property offers strong exposure and long-term upside. No demolition required, providing immediate time and cost savings. Buyers to complete their own due diligence regarding development potential, building code compliance, and site planning. A rare opportunity to secure a premium lot in one of Ottawa's most vibrant downtown locations.
Price $748,962
Taxes: $4,963.79
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 185 York Street , Lower Town - Sandy Hill, K1N 5T7, Ottawa
Postal Code: K1N 5T7
Province/State: Ottawa
Legal Description: PT LT 29, PL 42482 , N YORK ST, BEING PT
Directions/Cross Streets: York between Cumberland and King Edward
No. of Pieces Level
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Category: Designated
Use: Residential
Total Area: 3,209
Total Area Code:  Square Feet
Maintenance: 0
Sewers: None
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Asking Price: $ Heating: $ /Year  
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EXP REALTY

185 York Street , Lower Town - Sandy Hill, K1N 5T7, Ottawa

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

 
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style:
Lot Size: x 99.70(Feet)
Approximate Age:
Tax: $4,963.79
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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