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245-267 Rochester St

0.45 Acres of Residential Land Offered at $2,256,838 USD in Ottawa, ON K1R 7M9

Investment Highlights

  • 0.45 acre site proposed for a 9-storey building of 79,399 sq ft of mix GFA
  • Land fully serviced to the lot line
  • Current zoning is Residential Fifth Density Zone (R5B[2895] S477-c)

Executive Summary

Address Cont'd: 247, 249, 261, 263, 267 Rochester Street and 27 Balsam Street, Ottawa. ** Being sold under Power of Sale. Serviced. 0.45 acre site proposed for a 9-storey building of 79,399 sq ft of mix GFA. Current zoning is Residential Fifth Density Zone (R5B[2895] S477-c). Property is proposed for a unit mix of 50 1-br units, 18 1+den units, 3 2-br units and 15 bachelor + den units, 24 bachelor units and ground floor retail, for a total of 118 units. 30 U/G parking spots, 105 bicycle spaces plus amenity space are included. Official Plan permits 9-storey building as well as zoning. Land fully serviced to the lot line. No representations or warranties.

Property Facts

Price $2,256,838 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.45 AC

1 Lot Available

Lot

Price $2,256,838 USD
Price Per AC $5,015,195 USD
Lot Size 0.45 AC

Being sold under Power of Sale. Serviced. 0.45 acre site proposed for a 9-storey building of 79,399 sq ft of mix GFA. Current zoning is Residential Fifth Density Zone (R5B[2895] S477-c).

Description

Address Cont'd: 247, 249, 261, 263, 267 Rochester Street and 27 Balsam Street, Ottawa. 0.45 acre site proposed for a 9-storey building of 79,399 sq ft of mix GFA. Current zoning is Residential Fifth Density Zone (R5B[2895] S477-c). Property is proposed for a unit mix of 50 1-br units, 18 1+den units, 3 2-br units and 15 bachelor + den units, 24 bachelor units and ground floor retail, for a total of 118 units. 30 U/G parking spots, 105 bicycle spaces plus amenity space are included. Official Plan permits 9-storey building as well as zoning. Land fully serviced to the lot line.

Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R5B[2895] S477-c (Residential Fifth Density Zone)
R5B[2895] S477-c (Residential Fifth Density Zone)
  • Listing ID: 32232589

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 245-267 Rochester St, Ottawa, ON K1R 7M9

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