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Investment Highlights

  • Proposed 10-unit multifamily development offering strong rental income potential in a desirable Ottawa location.
  • Value-add redevelopment opportunity for investors seeking long-term appreciation and portfolio growth.
  • Situated along Woodroffe Avenue with convenient access to transit, amenities, and surrounding residential neighborhoods.
  • Located in an established area with consistent demand for purpose-built rental housing.

Executive Summary

The property located at 200 Woodroffe Avenue in Ottawa is a proposed 10-unit multifamily development site. The offering represents a redevelopment opportunity, with plans to transition the existing use into a purpose-built residential asset. The proposed project is anticipated to comprise ten rental units, appealing to investors seeking to expand or establish a presence in Ottawa’s multifamily sector. The site benefits from its location along Woodroffe Avenue, providing strong access to surrounding residential neighborhoods, public transit routes, and nearby amenities. The development potential and urban location position this property as a value-add opportunity for long-term income growth and asset appreciation.

Property Facts

Price $16.27 USD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.11 AC
Zoning R4D / MS1 - R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning

1 Lot Available

Lot

Price $16 USD
Price Per AC $141.71 USD
Lot Size 0.11 AC

LT 549, PL 352 ; OTTAWA/NEPEAN

Description

R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water, sewer, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long or short term redevelopment value.

Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Very bikeable
80/100
  • Listing ID: 40679775

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 200 Woodroffe Av, Ottawa, ON K2A 3V4

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