This fully permitted multi-residential development site offers an opportunity to begin construction immediately in one of Ottawa’s rapidly evolving urban neighbourhoods. With building permits already in hand and Ottawa’s new high-density Neighbourhood zoning framework supporting the approved development concept, the property is positioned to eliminate much of the entitlement risk, approval uncertainty, and holding period commonly associated with urban infill projects.
The offering includes a comprehensive development package featuring stamped architectural plans prepared by VDesignZ Inc., completed land surveys, environmental assessments, and extensive due diligence materials. A lender-ready package is also available, including an appraisal and quantity survey, providing additional support for financing and project execution. The approved building design has been planned to appeal to a broad tenant base through a mix of larger family-oriented layouts and practical rental configurations, including two 4-bedroom units, four 3-bedroom units, and four 2-bedroom units.
Situated within convenient reach of downtown Ottawa, the Beechwood Avenue corridor, rapid transit connections, shopping destinations, and established schools, the site benefits from strong access to employment, services, and urban amenities that support long-term rental demand. The approved concept also incorporates walk-out suites with potential short-term rental appeal and identifies the possibility of adding four additional units, subject to applicable approvals. Vendor take-back financing of up to 80% further enhances the opportunity for qualified developers and investors seeking to accelerate project delivery within Ottawa’s active rental housing market.