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$679,000
ActiveAbout this Property
- Rare development opportunity near Riverside & Pleasant Park
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
About Alta Vista
Alta Vista is one of Ottawa's most established and quietly desirable residential communities, a mature neighbourhood of generous lots, tree-canopied streets, and solid post-war homes that offers exceptional value given its central location. Situated between the Rideau River and the Hospital District corridor along Smyth Road, Alta Vista provides the kind of settled, family-oriented living environment that newer suburbs aspire to replicate.
Features & Details
Property details of 2055 Riverside Drive, Ottawa, ON
Market Insights for Vacant Land in Ottawa
Based on 57 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 101 days). Buyers have more negotiating power and time to decide.
New Listings
57
Avg Days on Market
101 days
Avg Price/Sq Ft
$702
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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