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297 Savard Ave 2,980 SF Office Building Ottawa, ON K1L 7S1 $1,096,491 USD ($367.95 USD/SF)
Investment Highlights
- Redevelopment Opportunity: 15,646 SF lot offering strong potential for future development in a growing urban area.
- Prime Central Location: Situated close to downtown Ottawa, universities, public transit, and key neighborhood amenities.
- Flexible Industrial Zoning: Zoned I1A(8)H(9), allowing a range of commercial and light industrial uses with potential for rezoning.
- Ideal site for developers exploring future residential or mixed-use redevelopment opportunities (subject to zoning approvals).
Executive Summary
15,646.08 sq. ft. lot with I1A(8)H(9) zoning, offering excellent potential for redevelopment. Located near Ottawa’s downtown core, university, public transit, and essential amenities. Ideal for developers considering a multifamily residential build. Zoning may require amendment to accommodate future residential use. Property is available immediately.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,980 SF
Building Class
C
Year Built
1987
Price
$1,096,491 USD
Price Per SF
$367.95 USD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,490 SF
Slab To Slab
14’
Zoning
I1A(8)H(9)
Amenities
- Signage
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
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297 Savard Ave
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