$1,299,000

Attention Developers & Investors - Rare Shovel-Ready Opportunity In The Heart Of Stittsville. Exceptional Chance To Acquire A Fully Approved, Permit-Ready Mixed-Use Development Site At 1491 Stittsville Main Street. Situated On Approximately 0.40 Acres, This Prime Property Comes With All Approvals In Place For Immediate Construction Of A Five-Storey Mixed-Use Building. Approved Plans Feature 18 Residential Units (7 One-Bedroom, 8 Two-Bedroom, 3 One-Bedroom + Den), 2 Ground-Floor Commercial Units, 34 Parking Spaces Including Residential, Visitor & Retail Parking, 11 Bicycle Spaces, And 18 Storage Lockers. Zoned TM9[465]H(15)-H And TM9[2272]H(15), Permitting A Wide Range Of Residential And Commercial Uses. Located Within Ottawa-Carleton Common Elements Condominium Corporation No. 1030 With Monthly Common Element Fees Of $1,740.40. Strategically Positioned Along A High-Exposure Main Corridor In One Of Ottawa's Fastest-Growing Communities, Offering Excellent Visibility, Strong Traffic Counts, Walkability, And Convenient Access To Transit, Retail, Schools, And Major Amenities. With Continued Population Growth, Increasing Rental Demand, And Limited Housing Supply Across Ottawa, This Fully Approved Development Site Presents A Rare Turnkey Opportunity For Builders And Investors Seeking Immediate Project Execution In A High-Growth Market. (id:66036)