636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a high-potential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, this exceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. This combination of current stability and future flexibility makes it an ideal candidate for medium-density infill development.The Walkley corridor is a recognized target area for intensification under Ottawas Official Plan, 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 bus routes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to major employment and educational hubs. This property is particularly well-positioned for investors seeking early entry ahead of zoning changes, allowing for long-term appreciation and development upside. Its combination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rental apartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verify zoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. (id:28469)
Facts & features
Property
MLS® Number
X12952872
Property Type
Vacant Land
Neighbourhood
Guildwood Estates
Community Name
4608 - Mooneys Bay/Revelstoke
Features
Irregular Lot Size
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
Zoning Description
R1gg
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.