7,950 sq' of land on a corner lot. Current zoning (with no variances) allows a 6 story apartment building, appr. 27,000 sq' and possibly 40 residential units ( @ average 550 sq'/unit). Great small development site right downtown in the Byward Market, the tourist center of Ottawa. Located on a high profile corner with direct access to Ottawas Parkway network and bridges to Gatineau. 600 meters to the Rideau LRT Tunnel Station ,less than a 10 minute walk to the Rideau Shopping Center, Ottawa U, Parliament Hill, National Art Gallery. The timing is right; take advantage of all the new housing incentives - CMHC National Housing Co-Investment Fund, The National Housing Strategy, The Housing Accelerator Fund, the Rapid Housing Initiative, The Rental Construction Financing Initiative (RCFI)s. The current building is NOT a heritage building. (id:11882)
MLS® Number | 1286034 |
Property Type | Vacant Land |
Neigbourhood | Byward Market |
Acreage | No |
Size Depth | 75 Ft ,7 In |
Size Frontage | 107 Ft ,10 In |
Size Irregular | 0.18 |
Size Total | 0.18 Ac |
Size Total Text | 0.18 Ac |
Zoning Description | R4t S77 |
https://www.realtor.ca/real-estate/24254838/305-cumberland-street-ottawa-byward-market
7,950 sq' of land on a corner lot. Current zoning (with no variances) allows a 6 story apartment building, appr. 27,000 sq' and possibly 40 residential units ( @ average 550 sq'/unit). Great small development site right downtown in the Byward Market, the tourist center of Ottawa. Located on a high profile corner with direct access to Ottawas Parkway network and bridges to Gatineau. 600 meters to the Rideau LRT Tunnel Station ,less than a 10 minute walk to the Rideau Shopping Center, Ottawa U, Parliament Hill, National Art Gallery. The timing is right; take advantage of all the new housing incentives - CMHC National Housing Co-Investment Fund, The National Housing Strategy, The Housing Accelerator Fund, the Rapid Housing Initiative, The Rental Construction Financing Initiative (RCFI)s. The current building is NOT a heritage building. (id:11882)
MLS® Number | 1286034 |
Property Type | Vacant Land |
Neigbourhood | Byward Market |
Acreage | No |
Size Depth | 75 Ft ,7 In |
Size Frontage | 107 Ft ,10 In |
Size Irregular | 0.18 |
Size Total | 0.18 Ac |
Size Total Text | 0.18 Ac |
Zoning Description | R4t S77 |
https://www.realtor.ca/real-estate/24254838/305-cumberland-street-ottawa-byward-market