280 Presland Road
FOR SALE
$999,900
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
2
BEDROOMS1
BATHROOMS1
KITCHENS5 + 2
ROOMSX12578916
MLSIDContact Us
Property Description
DEVELOPMENT OPPORTUNITY! A prime urban site for builders, investors or developers seeking a well-located property with significant future potential. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Just five minutes from downtown Ottawa, this property offers excellent connectivity and everyday convenience in one of the best locations in the city! The LRT, VIA Rail, St. Laurent Shopping Centre, transit routes, parks and a wide range of amenities are all within walking distance. With quick access to Hwy 417 - only one exit from the downtown core - this location is ideal for multi-residential development or future redevelopment. A rare opportunity to secure land in a rapidly evolving part of the city. Property sold as-is, where-is.
Call
Property Features
Fenced Yard, Public Transit, None, Covered, Private
Call
Property Details
Address
280 Presland Road
Community
Postal Code
K1K 2B8
Property Type
Detached, Detached
Zoning
Residential
Lot Size
50' x 161'
Taxes
$5,029 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Carport
Call
Listing contracted with Exp Realty
This three-bedroom, two-bathroom home is available for sale as a package deal with the adjacent house at 465 Guy Street. These are two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. An urban mature neighbourhood location in Ottawa's East, near St Laurent Shopping Centre, lots of retail plazas, restaurants, medical centres and other basic amenities. Proximity to Highway 417. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. The two homes must be sold together.
Call
Call