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2055 Riverside Drive, Ottawa, ON 2 photos

$679,000

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2055 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

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.

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Akash Sharma

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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