

$1,329,000
ActiveAbout this Property
Rare opportunity to acquire a substantial development lot measuring approximately 103' x 148', ideally located in an established and highly desirable Ottawa neighbourhood. Zoned N2E, this property offers a range of potential redevelopment opportunities for builders, developers, and investors seeking a well-positioned site in a growing urban market.This location also provides outstanding access to major amenities, including schools, Algonquin College, public transit, shopping, parks, and recreational facilities, making it an attractive setting for future development.The property may be purchased with tenants in place for immediate income potential or with vacant possession, offering flexibility to suit a purchaser's development timeline and objectives.Development sites of this size and location are increasingly difficult to find. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and any applicable municipal approvals.
Listed by ROYAL LEPAGE TEAM REALTY · MLS# X13231402
Features & Details
Property details of 163 Norice Street, Ottawa, ON
Market Insights for Detached in Meadowlands
Based on 14 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
14
Avg Days on Market
25 days
Avg Price/Sq Ft
$492
Location
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Cash Flow Analysis
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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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$1,329,000
163 Norice Street, Ottawa, ON