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713 ST LAURENT BOULEVARD

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713 ST LAURENT BOULEVARD, 3504 - Castle Heights/Rideau High, Ottawa

Price
$1,099,999
Bedrooms
0
Bathrooms
0
Size
12,398 sq ft
Type
Vacant Land
Year built

Listing courtesy of Ali Realty Group Inc.

About this home

*** Prime 12,400+ Sq. Ft. Development Site on St. Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170.86' lot presents an outstanding opportunity on a central arterial main street. Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment). While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate. Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today. (id:66700)

Location

3504 - Castle Heights/Rideau High, Ottawa

Estimate your payment

A rough monthly cost for this home — adjust the numbers to fit your situation.

$
$220,000 · 20%
%
yr

Estimated monthly payment

$5,113

or $2,557 bi-weekly

Mortgage amount
$879,999
Total interest
$653,934

Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.

Listing courtesy of Ali Realty Group Inc.

Listing data last updated July 11, 2026.

Information is deemed reliable but not guaranteed and should be independently verified. Listing data is provided for personal, non-commercial use only and may not be redistributed, scraped, or used for any other purpose. Listing data is provided by the Canadian Real Estate Association’s DDF® (REALTOR.ca Data Distribution Facility). The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).