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362 MARGUERITE AVENUE

Ottawa, Ontario K1L7W3

$650,000 for sale



MLS®:
1392998
Contract Days:
163
Community:
Vanier
Ownership:
Freehold
Property Type:
TM
Total Size:
0.1 ac
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
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0
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Utitilies

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Note

*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:19004)

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