5
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$2,199,000
Est. payment /mo
Active
1380 Wellington ST W Tunneys Pasture And Ottawa West, ON K1Y 2X2
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision 4302 - Ottawa West
MLS Listing ID X12434233
Annual Tax Amount $42,000
Tax Year 2024
Property Sub-Type Land
Property Description
This property's location is a key advantage, situated on a prominent corner lot spanning 11,500 square feet at the entrance to Westboro right across the street from the Famous "The Wellington Dinner" and the multilingual community radio station broadcasting in various languages at 97.9 FM. It is surrounded by newly constructed real estate projects, further enhancing its appeal and future potential.The site is zoned TM11 (mixed-use), which encourages compact, mixed-use developments that are pedestrian-friendly and accessible by various modes of transportation, including walking, cycling, transit, and automobiles. This zoning supports a wide range of development possibilities, aligning with the area's growing urban character.Certain supporting documents among others may be obtained for a fee, including a topographic survey, architectural plans for a multi-storey building, a geotechnical investigation, and a planning background policy and regulatory review. Additionally, a 2023 ESA Phase 2 report will be made available following the acceptance of an offer.The MAXIMUM allowable building height on this site is six storey, providing ample opportunity for significant real estate development within current zoning regulations.
Location
Province ON
County Ottawa
Area Ottawa
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 113.0
Lot Depth 109.0
Others
Security Features No
ParcelsYN No
Listed by SIGNA INTERNATIONAL REALTY LTD.
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