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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 3606 - Alta Vista/Faircrest Heights
MLS Listing ID X12492488
Annual Tax Amount $2,730
Tax Year 2024
Property Sub-Type Vacant Land
Property Description
An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. Concept plans, survey, and RND Construction build options available upon request.
Location
Province ON
County Ottawa
Community 3606 - Alta Vista/Faircrest Heights
Area Ottawa
Zoning R1GG [501] H(8.7) S1
Rooms
Kitchen 0
Exterior
Road Frontage Year Round Municipal Road
Lited by EXP REALTY