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288 Smyth Road Ottawa, Ontario K1H 5A3

$499,000

An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. Concept plans, survey, and RND Construction build options available upon request. (id:12481)

Property Details

MLS® Number X12492488
Property Type Vacant Land
Community Name 3606 - Alta Vista/Faircrest Heights
AmenitiesNearBy Public Transit, Park
Features Level

Building

UtilityWater Municipal Water

Land

AccessType Year-round Access
Acreage No
LandAmenities Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 103 Ft ,8 In
SizeFrontage 59 Ft ,5 In
SizeIrregular 59.42 X 103.71 Ft ; 1
SizeTotalText 59.42 X 103.71 Ft ; 1|under 1/2 Acre
ZoningDescription R1gg [501] H(8.7) S1

Utilities

Natural Gas Available Available
Sewer Available

https://www.realtor.ca/real-estate/29049400/288-smyth-road-ottawa-3606-alta-vistafaircrest-heights

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com