371 Sunnyside Av 0.11 Acres of Commercial Land Offered at $1,085,737 USD in Ottawa, ON K1S 0S2

Located in the well-established and highly sought-after Old Ottawa South neighborhood, just South of The Glebe, this property is in a prime location in easy walking distance to the scenic Rideau Canal and Rideau River, Bank Street, shopping. Backs onto Woodbine Place, a quaint Village Lane in the heart of the City, and convenient access for parking. Lansdowne Park just across the bridge, walk to Carleton U, easy access to Downtown. The lot measures approximately 50 x 100, providing ample space for development. Currently, the property is zoned R3Q, which permits the construction of up to 6 residential units. However, the proposed changes with the New Draft Zoning Bylaw to CM1 zoning would allow for the development of six-story buildings with a comprehensive list of uses, including multifamily apartments. With the setbacks, the gross building area could be over 15,000 sq ft. - a good development opportunity.