1946 Scott St - Apartments FOR SALE


Ottawa, ON K1Z 1E3- Westboro
$4,800,000 CAD
855-606-4968
1946 Scott St, Ottawa, ON for Sale
$4,800,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

1946 Scott St
Ottawa, ON K1Z 1E3
Westboro


OVERVIEW

The Westvue at 1946 Scott Street is an exceptional transit-oriented development site in Ottawa's vibrant Westboro neighbourhood, Ottawas highest-demand rental market. The opportunity is fully entitled, construction-ready, and in a position to break ground in 2025. Zoning, site plan approval, and design are in place for the development of a 9-storey, 48-unit rental building at 1946 Scott Street. Located in the heart of Westboro, this site is surrounded by an array of charming boutique shops, diverse dining options, the scenic Westboro Beach along the Ottawa River, and the newly opened Westboro LRT station, ensuring excellent connectivity and lifestyle appeal. Fully cleared and prepped in 2024 in anticipation of construction commencement, 1946 Scott St is a permit ready mid-size residential development opportunity. Seize this rare opportunity to bring a modern residential development to one of Ottawa's most desirable communities.

FOR SALE DETAILS

PRICE

$4,800,000 CAD

PRICE/SF

$95 CAD /SF

# OF UNITS

48

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

9

YEAR BUILT

2027

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,500 SF

ZONING

TM

APN/PARCEL ID

061408430128800

ASK ABOUT THIS PROPERTY

Ryan HolmesColdwell Banker Commercial Sarazen RealtyMore Info
855-606-4968

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Ryan HolmesColdwell Banker Commercial Sarazen RealtyMore Info
855-606-4968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.