CBRE’s Land Services Group is pleased to offer for sale a 1.66 acres (the “Property” or “Site”) at 3080 Navan Rd in Orleans within the City of Ottawa. Located at the corner of Navan Rd and Page Rd, the Site (Block 64) is situated within a larger 15 acre approved residential subdivision, which the vendor is retaining and building, and is comprised of a mix of dwelling types including 156 townhouse dwellings, 23 detached dwellings on 31-foot lots. Block 64 is currently being set aside for future development for a mid-rise condominium block fronting Navan Rd and is expected to accommodate approximately 100 to 150 apartment units. A concept plan showing a mid-rise development has been submitted to the City as part of the Draft Plan of Subdivision submission. A Site Plan application will need to be submitted by the purchaser to refine design and building standards such as height, unit count and parking. Please note that the Property will be conveyed at the time of registration of the Subdivision Agreement, which must be registered before the draft plan approvals expire in August 2024. The vendor is anticipating to have registration completed in Fall 2022, allowing for legal conveyance. The vendor submitted a ZBLA application concurrently with the Draft Plan of Subdivision application to rezone the property to R5 Residential Fifth Density. The R5 zone permits several mid-rise residential building types such apartment dwellings, townhouse dwellings, stacked dwellings, retirement homes and residential care facility. The ZBLA received council approval in September 2021. Located at the southwestern edge of Orleans in the Chapel Hill South community, the Property is one of the last remaining vacant parcels in the East Urban Community (EUC) Community Design Plans (CDP) Phase 1 lands. The Property is surrounded to the east and south by upcoming and recent residential developments including Claridge’s Spring Valley developments (Phases 1-6) south of Renaud Road, and Ashcroft Home’s Eastboro development (Phases 1-3) to the east. Heafy Group has a pending applications submitted across the street for a new gas and convenience store and another mid-density residential development. With superior access to transit and transportation corridors, proximity to schools, recreation and retail stores, the Site is in a prime location for residential development.