All ListingsMLS# X12840732
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$1,730,000
Active348 River Road, Ottawa, ON· Cedardale
About this Property
Incredible opportunity for waterfront luxury development. Located just minutes to the Ottawa Airport and approximately 20 minutes to downtown, this exceptional opportunity includes two parcels to be sold together - presenting outstanding potential for investors, developers, or those seeking to create a signature waterfront enclave.The first parcel is true waterfront - the crown jewel of the offering. With generous frontage and a serene natural setting, this lot offers the potential (subject to City of Ottawa approvals) to be divided into two premium lots. One side benefits from mature trees and parkland adjacency, while the other captures expansive water views - an increasingly rare find within city limits.The second parcel sits just behind and, based on preliminary due diligence, appears to offer the potential to be divided into three additional estate-sized lots. Combined, the total offering presents a potential opportunity for up to five lots (subject to approvals), making this a compelling small-scale development or luxury estate project. A truly unique opportunity to secure substantial waterfront land - ideal for builders, investors, or those looking to create something special in one of Ottawa's fastest-growing communities.
Listed by ROYAL LEPAGE INTEGRITY REALTY · MLS# X12840732
Features & Details
Property details of 348 River Road, 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$8,499/monthly
Principal Amount$1,384,000
Interest$1,165,691
Total Payable$2,549,691
Amortization25 years
* Estimate only. Consult a mortgage broker for accurate figures.
Cash Flow Analysis
Mortgage payment$8,499
Mortgage + Expenses$8,499
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Monthly Cash Flow-$8,499
* 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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