2322 Roger Stevens Drive, Ottawa, photo 1 1 / 20

$435,000

2322 Roger Stevens Drive

North Gower, Ottawa, ON K0A2T0 · MLS® X14136846

About this property

Contractors, this one is for you!! Exceptional investment opportunity in the heart of North Gower. This vacant lot is ready for the next stage of development, with approvals already in place for the construction of a triplex. Skip much of the lengthy planning process and move one step closer to building your next income-producing property. A new septic system has already been installed, adding significant value and helping reduce both time and upfront development costs.Located just 5 minutes from Highway 416, the property offers quick, convenient access to Ottawa while benefiting from the charm and growing appeal of village living. Its desirable location makes it an excellent option for attracting future tenants seeking a quieter lifestyle without sacrificing an easy commute.Whether you're an experienced builder, developer, or investor looking to expand your portfolio, this property is ready for someone to take the project through to completion and capitalize on its potential. With key approvals secured and essential infrastructure already in place, much of the groundwork has been done-allowing you to focus on bringing the vision to life.Opportunities to acquire development-ready properties with approvals already in place are increasingly rare. Take advantage of this chance to build a purpose-designed triplex in a growing community with excellent access to the city. Rendered photo of approved Triplex. Video is Ai generated of proposed triplex. (id:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$824
Updated
Nov 1, 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 Innovation Realty Ltd..

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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