500 Cordillera St 1.68 Acres of Commercial Land in Kanata, ON K2K 0J6

CBRE Limited is pleased to act as exclusive advisor and offer for sale on behalf of the Owner, the property municipally known as 500 Cordillera Street, Ottawa, Ontario (the “Property”).
Located at the corner of Campeau Drive and Cordillera Street, this 1.68-acre, site plan approved development site presents a buyer the opportunity to purchase an immediate 84-unit Townhome development project.
The Property is located adjacent to the new Palmer apartment building, and in immediate proximity to the Kanata Centrum retail and entertainment node, providing future residents immediate access to a broad spectrum of amenities and public transit.
The Vendor has completed significant works to the Property, including scraping, pre-blasting, installation of sanitary and stormwater services, installations of fire hydrants and upgrades to municipal water. The Property has been backfilled with granular. The Vendor has contributed required land to satisfy parkland contribution, registered a Joint-Use and Maintenance Agreement between the Palmer apartment building and the Property.
The Property also benefits from a 4% Community Benefit Charge holiday if permits are drawn prior to August 2027. There is significant value embedded in the purchase opportunity.
This is an opportunity to acquire a turn-key development property located in an amenity rich area of Ottawa with significant value embedded.