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    For Sale - 91-93 Holland Avenue, Tunneys Pasture and Ottawa West, Ontario

    Est payment $14,886/mo
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    Views   1
    Time on Jump  16 day

    AI Summary *

    • Excellent redevelopment opportunity in a rapidly evolving urban neighborhood.
    • Two commercial buildings currently providing rental income to offset costs.
    • Located steps from Wellington Street West and close to public transit.
    • Previous site approval for a 6-storey mixed-use development.
    • Significant potential for a new 9-storey development with residential and commercial space.




    Exceptional redevelopment opportunity in one of ottawa's most desirable and rapidly evolving urban neighbourhoods. 91 & 93 holland avenue are being offered together, comprising approximately 7,789 sf (723. 6 m) of land with approximately 75 feet of frontage on holland avenue. Ideally located just steps from wellington street west and approximately 400 metres from tunney's pasture lrt station, this well-positioned site offers outstanding potential for transit-oriented, mixed-use development. The property is currently improved with two commercial buildings, with existing rental income to help offset holding costs while future redevelopment plans are advanced. The site previously received site plan approval for a 6-storey, 32-unit mixed-use development, while approval for a proposed 9-storey mixed-use development consisting of 50 residential units and ground-floor commercial space is currently being pursued. Architectural design, planning, engineering and supporting studies have already been undertaken, offering prospective purchasers the opportunity to benefit from substantial preliminary development work. Located in the heart of wellington west/hintonburg, surrounded by established residential neighbourhoods, employment centres, restaurants, shops and amenities, with excellent access to public transit and ottawa's downtown core. A rare opportunity to acquire a strategically located development site with existing rental income, a history of development approval and significant future potential. Development plans and supporting documentation available upon request. Current zoning is mc16 h(20).
    Listing IDX13878024
    Address91-93 Holland Avenue
    CityTunneys Pasture and Ottawa West, Ontario
    Price$3,100,000
    StyleLand
    TypeVacant Land
    StatusFor Sale

    Subtype LandSewer Sanitary Available

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    Listing Brokerage: ROYAL LEPAGE TEAM REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    91-93 Holland Avenue
    Tunneys Pasture and Ottawa West , Ontario
    $3,100,000
    Get more info