258 Durocher

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Address: 258 Durocher St, Ottawa, ON K1L 7S4, Canada
Created date: November 14, 2024
Date last updated: November 14, 2024
  • - Residential Redevelopment Opportunity
  • - Potential R5 - Residential Fifth Density zoning
  • - Approximately one (1) acre
  • - Concept Plans drafted for up to 98,000 sf with higher density potential

Property Description

258 Durocher Street is an ideal redevelopment opportunity in the quickly evolving Montreal Road Corridor. Currently zoned I1A (Minor Institutional Zone), the property has been identified as a future possible R5 zone in pre-consultation with the City. The redevelopment potential of 258 Durocher Street is enhanced by the City's 'Vision Vanier' Investment, beautification of the streetscape with a $50 million dollar investment to the burying of lines and widening of streets, providing for bike lanes to enhance the area's 3km easy commute to downtown, Ottawa and many planned strategies for effective transit which was completed in 2023. Initial pre-planning suggests that R5 zoning could allow up to 98,000 sf in buildable, staged height development. Located minutes from downtown, extensive bike paths, the Rideau and Ottawa Rivers, New Edinburgh, the University of Ottawa, and many other points of interest, this site offers an attractive redevelopment opportunity.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,890,000
Opportunity Zone: No
Property Website Click Here
Address: 258 Durocher Street, Ottawa, ON K1L 7S4, Canada
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