288 Smyth Road Ottawa, Ontario K1H 5A3
$499,000
An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. (id:28469)
Property Details
| MLS® Number | X12669418 |
| Property Type | Vacant Land |
| Neigbourhood | Faircrest Heights |
| Community Name | 3606 - Alta Vista/Faircrest Heights |
| Amenities Near By | Public Transit, Park |
| Features | Level |
Building
| Utility Water | Municipal Water |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Public Transit, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 103 Ft ,8 In |
| Size Frontage | 59 Ft ,5 In |
| Size Irregular | 59.42 X 103.71 Ft ; 1 |
| Size Total Text | 59.42 X 103.71 Ft ; 1|under 1/2 Acre |
| Zoning Description | R1gg [501] H(8.7) S1 |
Utilities
| Natural Gas Available | Available |
| Sewer | Available |
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January 06 2026 09:23:54
Ottawa Real Estate Board
Exp Realty