288 Smyth Road, Ottawa, Ontario K1H 5A3

Listed for:
$499,000
0 beds
0 baths
Listed 22 days ago
288 Smyth Road, Ottawa, Ontario K1H 5A3

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Listing provided by:
EXP REALTY
MLS® number:
X12492488
Agent:
Michelle De Leon
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About

Cross Streets: Smyth and Alta Vista. ** Directions: Head East on Smyth Road. Lot is located on the right-hand side between the homes 290 Smyth Road and 282 Smyth Road. An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. Concept plans, survey, and RND Construction build options available upon request. (id:27476)

Property Highlights

MLS® Number
X12492488
Type
Vacant Land
Community Name
3606 - Alta Vista/Faircrest Heights
Land Size
59.42 x 103.71 FT ; 1|under 1/2 acre

Building

Amenities
Public Transit, Park
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location