1235 Bank St
Ottawa, ON K1S 3Y3
Land For Sale · 0.33 AC

This offering presents a rare opportunity to acquire a 14,241-square-foot development site in the highly sought-after Old Ottawa South neighborhood. Positioned at the intersection of Bank Street and Cameron Avenue, the property benefits from exceptional visibility and accessibility within a vibrant, mixed-use corridor. The site is zoned TM2H(15) – Traditional Mainstreet and R3P – Residential Third Density, allowing for a broad range of residential, retail, and commercial uses. Current zoning supports a building height of up to 15 meters, with potential for additional height and density subject to municipal approvals.
The location offers strong fundamentals for long-term value creation, including proximity to Lansdowne Park, the Rideau Canal, Billings Bridge, and Carleton University. The area is characterized by excellent connectivity, a robust retail corridor, and sustained rental demand from students, professionals, and families. With flexible zoning, premium frontage, and a pedestrian-oriented streetscape, this property is ideally suited for a high-quality, community-oriented development aligned with the City’s growth objectives.