$889,900

6958 Notre Dame Street

Chateauneuf, Ottawa, ON K1C1H7 · MLS® X14114580

  • 2Bathrooms
  • 10Parking

About this property

POTENTIAL of UP TO 36 UNITS with this development opportunity under the City's new zoning code. Zoning Summary and Review are available upon request. This property is close to Place d'Orleans, the new upcoming LRT Station, and plenty of nearby Shopping & Amenities. This property has been re-zoned, and is designated as N3B under the City of Ottawa's New Zoning By-Law. Conceptual drawings visible in listing photos are for 24 and 32 unit iterations. The lot is 85 x 215 feet, and the property is currently tenanted at $2900/month inclusive of utilities, allowing for the collection of rents while you plan and prepare your lucrative development project. *Buyers advised to conduct their own due-diligence.* (id:65933)

Type
Vacant Land
Category
Vacant Land
Lot size
0 acres
Annual taxes
$4,170
Updated
Oct 24, 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 Avenue North Realty Inc..

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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