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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 4204 - West Centre Town
MLS Listing ID X13491836
Annual Tax Amount $40,000
Tax Year 2026
Property Sub-Type Land
Property Description
Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.
Location
State ON
County Ottawa
Area Ottawa
Zoning CM1 [112] H(16)
Interior
Cooling Unknown
Exterior
Utilities Available Available
Lot Frontage 104.19
Lot Depth 75.77
Others
Security Features No
ParcelsYN No
Listed by SLEEPWELL REALTY GROUP LTD