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$949,900
ActiveAbout this Property
DEVELOPERS WELCOME! Prime Infill Development Opportunity! Rarely offered, this centrally located lot is permit-ready with approvals in place for a 3-storey + lower level, 10-unit building plus a demolition permit. The thoughtfully designed site plan features five 2-bedroom units, four 1-bedroom units, and one 3-bedroom unit, catering to a wide range of housing needs. Every unit on the 2nd and 3rd floors includes a private balcony, enhancing livability and rental appeal. Zoned R4E, the property is perfectly aligned with strong local demand for multi-unit housing and city-supported intensification initiatives. Just minutes from downtown, schools, parks, and shopping, this project offers excellent rental or resale potential. Floor plans are attached to the listing for review. Building permit plans available with accepted offer.
Listed by AVENUE NORTH REALTY INC. · MLS# X12483702
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 289 JOFFRE-BELANGER Way, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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