12 photos


$499,900
ActiveAbout this Property
Located steps from Montreal Road, the property benefits from excellent public transit access and proximity to a growing mix of shops, services,and everyday conveniences, making it highly attractive for future residents. This property is sold for it's land value and redevelopmentopportunity. Lot measuring 35.68 ft wide by 94.88 ft deep with a total area of approximately 3,250 sq ft (301 square meters), this propertypresents a compelling opportunity for redevelopment in one of Ottawa's evolving urban corridors. Zoned N4B H(11), the site aligns with the City'sintensification goals, supporting higher-density residential development and offering strong potential for multi-unit construction, subject to buyerdue diligence. N4 zoning does not limit the number of dwellings. The surrounding area continues to see steady revitalization, driven byinfrastructure investment and increased demand for well-located housing. Within walking distance, residents will enjoy access to Nault Park,Janeville Park, White Fathers Park, the Vanier Sugar Shack, and Ottawa Public Library branches on Pères-Blancs Avenue and Côté Street,creating a vibrant and amenity-rich setting. The existing 1.5 storey home offers three bedrooms, a full basement, and a detached garage at therear, however the property is being offered primarily for land value with redevelopment in mind. With its strategic location, flexible zoning, andstrong neighbourhood fundamentals, this is an exceptional opportunity for builders, developers, and investors looking to capitalize on Ottawa'scontinued urban growth. Call to learn more!
Listed by EXIT REALTY MATRIX · MLS# X13115724
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 314 Montfort Street, Ottawa, ON
Market Insights for Vacant Land in Ottawa
Based on 56 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 99 days). Buyers have more negotiating power and time to decide.
New Listings
56
Avg Days on Market
99 days
Avg Price/Sq Ft
$644
Location
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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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