20 MOUNTAIN CRESCENT, Ottawa, Ontario, K1V8S5
Transit Oriented Development Opportunity - available is a "fully entitled" development proposing a 12 storey building with 148 residential apartment units. Site plan approved, ready for permit. Comprised predominantly of 1+den and 2 bdrm units, with car parking (92) and bike parking (82). The infill site is immediately adjacent to the South Keys LRT station and Shopping Centre, and is just one block from both Hunt Club Rd and Bank St. It is an easy walk to an array of nearby amenities and services. Demand in the area is strong for new rental product, with limited or no competition of new rental inventory providing direct access to the LRT. The subject is situated just ±350 metres from the South Keys Station. The South Keys Shopping Centre is set to transition from the dated box centre with a a re-envisioned development for an enhanced and densified hub for the community. The Ottawa market for rentals remains strong with low vacancy rates while rental rates have risen dramatically. (id:2471)
- Property Address: 20 MOUNTAIN CRESCENT, Ottawa, Ontario, K1V8S5
- Property Type: Vacant Land
- Zoning Description: MC, Mixed-Use Centre
- Title: Freehold
- Lot Size: 0.34
- Acreage: 0.34 ac
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Road access
Listing Offices: COLDWELL BANKER SARAZEN REALTY
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