1491 Stittsville Main Street, Ottawa, photo 1 1 / 2

$1,299,000

1491 Stittsville Main Street

Stittsville (Central), Ottawa, ON K2S1V5 · MLS® X13098856

  • 17,567 square feetLiving area

About this property

ATTENTION DEVELOPERS & INVESTORS! Rare site-approved development opportunity at approx. 0.40 acres (approx. 100' x 180') at 1491 Stittsville Main Street, strategically located in the heart of Stittsville. The site is approved for development, offering a strong foundation for a new mixed-use project and an opportunity to capitalize on current City of Ottawa planning policies and housing initiatives. The property offers potential for 5 or potentially 6 storeys, subject to applicable zoning, planning requirements and approvals. Ottawa's updated parking framework, including reduced minimum parking requirements effective March 2026, may further support higher-density development by reducing parking constraints, subject to the requirements applicable to the site. The City of Ottawa is actively pursuing initiatives to accelerate housing construction, streamline development processes and increase housing supply, creating a supportive environment for builders and developers. Zoned TM9[465]H(15)-H and TM9[2272]H(15), permitting a range of residential and commercial uses. Located within Ottawa-Carleton Common Elements Condominium Corporation No. 1030, with monthly common element fees of approx. $1,740.40. Excellent exposure along Stittsville Main Street with convenient access to transit, retail, schools and major amenities. A rare opportunity for builders and investors to acquire an approved development site and explore a higher-density mixed-use project in one of Ottawa's growing communities. Buyer and buyer's advisors to conduct independent due diligence regarding zoning, height, density, parking, approvals, timelines and development feasibility. (id:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$2,884
Updated
Sep 21, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Exp Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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