636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a highpotential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, thisexceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. Thiscombination of current stability and future flexibility makes it an ideal candidate for medium-density infilldevelopment.The Walkley corridor is a recognized target area for intensification under Ottawas OfficialPlan, benefiting from proximity to Bank Street, Heron Road, Riverside Drive, and rapid access to downtown,Carleton University, and Ottawa International Airport. Excellent transit access includes OC Transpo busroutes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to majoremployment and educational hubs. This property is particularly well-positioned for investors seeking earlyentry ahead of zoning changes, allowing for long-term appreciation and development upside. Itscombination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rentalapartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verifyzoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Please note: Images provided in the listing gallery are conceptual sketch illustrations/drawings to showcase development potential only. There is currently no physical structure on this vacant lot. (id:28469)
Facts & features
Property
MLS® Number
X13781752
Property Type
Vacant Land
Neighbourhood
Guildwood Estates
Community Name
4608 - Mooneys Bay/Revelstoke
Land
Acreage
No
Size Depth
189 Ft ,6 In
Size Frontage
43 Ft ,1 In
Size Irregular
43.14 X 189.5 Ft
Size Total Text
43.14 X 189.5 Ft
Utilities
Cable
Available
Electricity
Available
Sewer
Available
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,538/mo
Ontario land transfer tax
$12,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.