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362 Marguerite Avenue Ottawa, Ontario K1L 7W3

$650,000

*PRIME DEVELOPMENT OPPORTUNITY* Vacant lot situated in the desirable River Road neighbourhood, encompassing over 4300 square feet. This prime address sits in a rapidly evolving urban paradise, mere steps from Rivierain Park along the picturesque Rideau River. Enjoy easy access to scenic paths and the Adawe Crossing Bridge (to Sandy Hill), with shops and restaurants within walking distance. The lot's Traditional Mainstreet (TM) zoning opens doors to a plethora of possibilities, accommodating a wide range of commercial and multi-family developments. Its strategic location places it amidst a wave of new planned projects, marking it as a hub for future growth. The real allure lies in the land's potential, especially when combined with the adjacent lot at 42 McArthur Ave, offering an expanded canvas for a significant urban development totaling over 8800 sf. This property is an ideal choice for a transformative project in a dynamic part of the city. (id:18965)

Property Details

MLS® Number 1392998
Property Type Vacant Land
Neigbourhood Vanier

Building

Land

AccessType Road Access
Acreage No
SizeDepth 95 Ft ,8 In
SizeFrontage 46 Ft ,3 In
SizeIrregular 0.1
SizeTotal 0.1 Ac
SizeTotalText 0.1 Ac
ZoningDescription Tm

https://www.realtor.ca/real-estate/26919156/362-marguerite-avenue-ottawa-vanier

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Shamir Daya
Broker


RE/MAX Hallmark Realty Group
610 Bronson Avenue
Ottawa, Ontario K1S 4E6

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