Exceptional Development Opportunity in Mechanicsville! An outstanding opportunity to acquire two development lots in Ottawa's highly desirable Mechanicsville neighbourhood, offering a combined lot area of 9,830.03 sq. ft. with dimensions of approximately 100.32' x 98.12'. Ideally positioned overlooking Laroche Park, this property offers an attractive setting in a vibrant, established urban community. Zoned N5B[2019] H(19), the property permits a wide variety of potential development possibilities, including low-rise apartments, multiple-unit townhouses and other residential configurations, subject to applicable zoning provisions, approvals and due diligence. Enjoy exceptional connectivity with Tunney's Pasture LRT station approximately 850 metres away and Bayview LRT station approximately 900 metres away. Restaurants, cafés, shops and everyday amenities along Wellington Street are an easy walk away. With its generous combined lot size, park-side setting, transit accessibility and proximity to established neighbourhood amenities, this is a compelling opportunity for builders, developers and investors seeking to explore the potential of an increasingly desirable urban location. Two lots offered together, presenting exciting possibilities for future residential development. Note the house at 52 Stonehurst Ave was rented until Oct 2026 - potential income while waiting for permits (does need work) (id:28469)
Facts & features
Property
MLS® Number
X14090066
Property Type
Vacant Land
Community Name
4201 - Mechanicsville
View Type
City View
Building
Age
100+ Years
Exterior Finish
Stucco
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Parking
No Garage
—
Land
Acreage
No
Size Depth
98 Ft ,1 In
Size Frontage
100 Ft ,2 In
Size Irregular
100.2 X 98.1 Ft
Size Total Text
100.2 X 98.1 Ft
Zoning Description
N5b[2109] H(19)
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
$11,065/mo
Ontario land transfer tax
$48,950 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.