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842 Clyde Ave

2,764 SF Industrial Building Ottawa, ON K1Z 5A2 $6,427,948 USD ($2,326 USD/SF)

Investment Highlights

  • This is a prime location to re-develop, especially with the city pushing for more intensification inside the Greenbelt
  • The neighborhood also offers numerous amenities such as a comprehensive transit network, schools, restaurants, shopping centers, etc.
  • Across the street, there is a proposal for 6 residential towers (with over 2000 units- with a proposed mix of condos and rentals)

Executive Summary

RE-DEVELOPMENT OPPORTUNITY in one of Ottawa's busiest and most desirable areas. This opportunity consists of two abutting lots, located mere steps from the Carling Road retail corridor, with 150 ft. of frontage and a total area of 15,000 sq ft. This is a prime location to re-develop, especially with the city pushing for more intensification inside the Greenbelt. The area is bustling with pedestrian traffic, and has plenty of re-developed properties, further adding to the value. Across the street, there is a proposal for 6 residential towers (with over 2000 units- with a proposed mix of condos and rentals) and the former Canadian Tire is being re-furbished to become Ottawa’s Premier Wellness & Social Club which will be one of the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, schools, restaurants, shopping centers and the Ottawa Civic Hospital.

Property Facts

Price $6,427,948 USD
Price Per SF $2,326 USD
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Rentable Building Area 2,764 SF
No. Stories 1
Year Built 1956
Tenancy Single
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (76)
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 IG3
IG3
  • Listing ID: 31471483

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 842 Clyde Ave, Ottawa, ON K1Z 5A2

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