$1,289,000
168 Leopolds Drive
Mooneys Bay/Revelstoke, Ottawa
- 5 bd
- 3 ba
- House
1 / 8
$799,000
636 Walkley Road
Mooneys Bay/Revelstoke, Ottawa, ON K1V6R9 · MLS® X13781752
About this property
636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a highpotential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, thisexceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. Thiscombination of current stability and future flexibility makes it an ideal candidate for medium-density infilldevelopment.The Walkley corridor is a recognized target area for intensification under Ottawas OfficialPlan, benefiting from proximity to Bank Street, Heron Road, Riverside Drive, and rapid access to downtown,Carleton University, and Ottawa International Airport. Excellent transit access includes OC Transpo busroutes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to majoremployment and educational hubs. This property is particularly well-positioned for investors seeking earlyentry ahead of zoning changes, allowing for long-term appreciation and development upside. Itscombination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rentalapartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verifyzoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Please note: Images provided in the listing gallery are conceptual sketch illustrations/drawings to showcase development potential only. There is currently no physical structure on this vacant lot. (id:65933)
- Type
- Vacant Land
- Category
- Vacant Land
- Annual taxes
- $3,019
- Updated
- Sep 14, 2026
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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 Power Marketing Real Estate Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
