All ListingsMLS# X11983124
2 photos

$679,000
Active2055 Riverside Drive, Ottawa, ON· Faircrest Heights
About this Property
Rare development opportunity near Riverside & Pleasant Park. This prime building lot is zoned CM2, allowing for maximum density and a wide range of residential development possibilities, making it ideal for investors and developers looking to maximize the site's potential. Some permits have already been secured, helping accelerate the construction timeline.Located minutes from The Ottawa Hospital - Riverside Campus, General Campus, and CHEO, this area offers strong rental demand and excellent long-term investment potential. Close to transit, parks, schools, and all amenities.An outstanding project opportunity in a high-growth Ottawa location.
Listed by ROYAL LEPAGE TEAM REALTY · MLS# X11983124
Features & Details
Property details of 2055 Riverside Drive, Ottawa, ON
Property TypeVacant Land
StyleOther
Market Insights for Vacant Land in Ottawa
Based on 62 sales in the last 90 days · Showing city-wide data
New Listings
62
Avg Days on Market
103 days
Avg Price/Sq Ft
$642
Mortgage Calculator
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Mortgage Payment$3,336/monthly
Principal Amount$543,200
Interest$457,517
Total Payable$1,000,717
Amortization25 years
* Estimate only. Consult a mortgage broker for accurate figures.
Cash Flow Analysis
Mortgage payment$3,336
Mortgage + Expenses$3,336
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Monthly Cash Flow-$3,336
* Estimate only. Consult a mortgage broker for accurate figures.

Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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