Prime redevelopment and value-add opportunity in the heart of Ottawa's Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa's most established urban corridors, minutes from Dow's Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:2493)
Data was last updated September 10, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$794,900
Min list price:
$649,900
Max list price:
$1,579,000
Avg days on market:
74
Min days on market:
7
Max days on market:
249
Avg price per sq.ft.:
$292.56
These statistics are generated based on the current listing's property type
and located in
4205 - West Centre Town. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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