713 St Laurent Boulevard, Ottawa, photo 1 1 / 14

$1,099,999

713 St Laurent Boulevard

Castle Heights/Rideau High, Ottawa, ON K1K3A6 · MLS® X13552120

  • 12,398 square feetLiving area

About this property

*** Prime 12,400+ Sq. Ft. Development Site on St. Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170.86' lot presents an outstanding opportunity on a central arterial main street. Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment). While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate. Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today. (id:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$5,424
Updated
Jul 10, 2026

Run the numbers

A quick investor's view. Change any figure; we'll do the full analysis with you.

Mortgage / mo–

Property tax / mo–

Net operating income / yr–

Cash flow / mo–

Cap rate–

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 Ali Realty Group Inc..

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

Similar listings in Castle Heights/Rideau High