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$699,000

Positioned along the Pinecrest corridor on an approximately 50' 118' lot, this property presents a compelling opportunity for developers, builders, investors and strategic land buyers looking to secure a site in Ottawa's evolving west end.Currently zoned CM1, the property sits within a corridor framework intended to support a broader range of residential and non-residential uses and future intensification, subject to all applicable zoning provisions, approvals and buyer due diligence.The existing two-storey detached home offers approximately 2,128 sq. ft. above grade, plus a finished basement, attached garage, driveway parking and municipal water and sewer services, providing an existing built form while future plans are evaluated.The location strengthens the long-term proposition. Pinecrest Road connects quickly to Richmond Road, Carling Avenue and Highway 417, with shopping, services, recreation and transit infrastructure established throughout the surrounding area. Continued investment around Pinecrest and Ottawa's west-end transit network adds another dimension to the site's future potential.Whether the strategy is redevelopment, investment, land banking or exploring a future mixed-use or residential concept, this is an opportunity to look beyond the existing structure and consider the possibilities of the site itself.Property is being marketed primarily for its land, zoning and redevelopment potential. Buyers are responsible for independently confirming permitted uses, development potential, density, setbacks, servicing, environmental matters and all other planning requirements with the City of Ottawa and their professional consultants. (id:5764)

4 Beds ⋅ 3 Baths ⋅ X13815252 MLS® #

876 Pinecrest Road, Ottawa

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.