Multi-unit
$1,980,000
816 Grenon Avenue
Britannia Heights, Ottawa
- 10 bd
- 6 ba
- Other
1 / 9
$939,000
38 Farrow Street
Britannia, Ottawa, ON K2B6E1 · MLS® X13584832
About this property
Prime west-end redevelopment opportunity steps to Britannia Beach, OC Transpo, Trans Canada Trail, the Ottawa River and surrounding greenspace. This 9,085 SF corner parcel offers approx. 110' of frontage on Grandeur Ave and 105' on Farrow Street, supporting varied site configuration. Now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), permitting expanded low-rise residential density with 11m maximum height. Potential redevelopment options include severance into two parcels, with potential for 8-9 unit multi-residential buildings on each lot (subject to approvals), or development of up to 5 attached homes. Semi-detached layouts with ADUs are also a consideration. Transit access and future LRT proximity nearby. Zoning overview and development scenarios available in the attached executive summary. (id:65933)
- Type
- Vacant Land
- Category
- Vacant Land
- Annual taxes
- $7,142
- Updated
- Jul 20, 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 Exit Excel Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
