See all 3 photos
$4,950,000
Est. payment /mo
10.14 Acres Lot
New
420 Edwards ST Clarence-rockland, ON K4K 1H6
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 606 - Town Of Rockland
MLS Listing ID X13834156
Annual Tax Amount $484
Tax Year 2025
Lot Size 10.135 Acres
Property Sub-Type Vacant Land
Property Description
Rare +/-10.14-acre residential development assembly in Rockland, 30 minutes east of downtown Ottawa on County Road 17. Developable upland zonedR3-49-h; flood plain overlay (R3-49-FP-h) along the frontage corridor. Official Plan support for approximately 308 mid-rise apartment units (zoning to fivestoreys); documented concept of up to 360 units in three six-storey buildings via OPA/ZBA and three-part severance. Phase I ESA (no Phase II required),geotechnical report, Environmental Impact Study, drone orthomosaic/terrain model and current topographic survey on file. Municipal water and sanitary atthe perimeter (holding provision; capacity to be confirmed). Direct Hwy 17 exposure with access from Edwards Street. Clarence-Rockland is one ofEastern Ontario's fastest-growing municipalities (2025 est. pop. 30,310, projected 33,277 by 2030), average household incomes near $151,000, 2,400+ownership rooftops in the pipeline. No purpose-built rental project over 20 units has ever been delivered in the municipality - a first-mover,institutional-scale opportunity. Buyer to conduct own due diligence regarding zoning, servicing, yield and approvals.
Location
Province ON
County Prescott And Russell
Area Prescott And Russell
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 1150.0
Lot Depth 275.0
Others
ParcelsYN No
Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES
NEARBY SCHOOL & BUSINESS
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