288 Smyth Road, Ottawa, Ontario K1H 5A3 (29221827)

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. (id:63879)

Property Details

MLS® Number X12669418
Property Type Vacant Land
Community Name 3606 - Alta Vista/Faircrest Heights
Amenities Near By Public Transit, Park
Features Level

Building

Utility Water Municipal Water

Land

Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Park
Sewer Sanitary Sewer
Size Depth 103 Ft ,8 In
Size Frontage 59 Ft ,5 In
Size Irregular 59.42 X 103.71 Ft ; 1
Size Total Text 59.42 X 103.71 Ft ; 1|under 1/2 Acre
Zoning Description R1gg [501] H(8.7) S1

Utilities

Natural Gas Available Available
Sewer Available

https://www.realtor.ca/real-estate/29221827/288-smyth-road-ottawa-3606-alta-vistafaircrest-heights

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