MLS#: X12492488Listed: 19 days agoUpdated:19 days ago
Description
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. Concept plans, survey, and RND Construction build options available upon request. (id:58075)
Details
Details for 288 Smyth Road, Ottawa, Ontario
Property Type
Vacant Land
Building Type
-
Storeys
-
Neighborhood
3606 - Alta Vista/Faircrest Heights
Land Size
59.42 x 103.71 FT ; 1
Year Built
-
Annual Property Taxes
$2,730
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: Smyth and Alta Vista. ** Directions: Head East on Smyth Road. Lot is located on the right-hand side between the homes 290 Smyth Road and 282 Smyth Road.