1399 Aurele Street Ottawa, Ontario K1B 3L4

$1,195,000

PRIME DEVELOPMENT OPPORTUNITY 0.346 Acres with R2N ZONING. Rare urban infill opportunity on a 15,090 sq ft (0.346 acre) lot, offering exceptional potential for residential development. Zoned R2N, the property supports severance into 3 lots by right, and 4 lots with minor variance. Recent precedents set on the adjacent street. Located within walking distance of the LRT and just minutes from Cyrville Rd, Innes Rd, and Hwy 417, this site offers excellent transit and commuter access. The area is well-positioned for growth, and Ontario's Bill 23 further encourages density and development within city limits. Preliminary concept studies suggest the potential for 9, 12, or up to 16 units, such as long semi-detached homes with Secondary Dwelling Units (SDUs), subject to municipal approvals. This is an ideal opportunity for developers looking to contribute to the city's intensification goals while capitalizing on strong rental and resale demand. The property also includes a solid 1,200 sq ft all-brick bungalow with an attached garage, a detached garage, and an additional laneway. A separate rear entrance offers potential for a basement SDU, providing interim rental income or phased development options. Urban land parcels of this size, zoning, and location are increasingly rare. Whether for immediate redevelopment or future investment, this site offers the location, flexibility, and municipal support developers need to succeed. (id:43934)

Property Details

MLS® Number	X12192450
Property Type	Vacant Land
Community Name	2204 - Pineview

Building

Appliances	Water Meter
Size Interior	1,100 - 1,500 Ft2
Utility Water	Municipal Water

Parking

Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	131 Ft ,6 In
Size Frontage	115 Ft ,4 In
Size Irregular	115.4 X 131.5 Ft
Size Total Text	115.4 X 131.5 Ft|under 1/2 Acre
Zoning Description	R2n

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28408163/1399-aurele-street-ottawa-2204-pineview