*PRIME DEVELOPMENT OPPORTUNITY* Vacant lot situated in the desirable River Road neighbourhood, encompassing over 4300 square feet. This prime address sits in a rapidly evolving urban paradise, mere steps from Rivierain Park along the picturesque Rideau River. Enjoy easy access to scenic paths and the Adawe Crossing Bridge (to Sandy Hill), with shops and restaurants within walking distance. The lot's Traditional Mainstreet (TM) zoning opens doors to a plethora of possibilities, accommodating a wide range of commercial and multi-family developments. Its strategic location places it amidst a wave of new planned projects, marking it as a hub for future growth. The real allure lies in the land's potential, especially when combined with the adjacent lot at 42 McArthur Ave, offering an expanded canvas for a significant urban development totaling over 8800 sf. This property is an ideal choice for a transformative project in a dynamic part of the city. (id:2493)
Data was last updated September 12, 2024 at 08:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,549,950
Min list price:
$350,000
Max list price:
$5,500,000
Avg days on market:
77
Min days on market:
9
Max days on market:
233
Avg price per sq.ft.:
$4,117,647.06
These statistics are generated based on the current listing's property type
and located in
Vanier. Average values are
derived using median calculations.
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