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724 River Road Ottawa, Ontario K4M 1B2

3 Bedroom 3 Bathroom 1500 - 2000 sqft
Bungalow Fireplace Inground Pool Central Air Conditioning Forced Air Waterfront

$4,500,000

Outstanding Development Opportunity at 724 River Road, OttawaLocated along the Rideau River in the growing Riverside SouthLeitrim community, 724 River Road offers an exceptional development opportunity. This prime 1.57-hectare (3.88-acre) property features approximately 46 metres of frontage on River Road and 50 metres along the river. Situated in a vibrant and rapidly developing area, this site is ideal for a builder or investor seeking to capitalize on Ottawas strong suburban growth.Currently developed with a single detached dwelling, detached garage, and an in-ground pool, the property is designated "Neighbourhood" within the City's Official Plan and "Neighbourhood Low Density" under the new Riverside South Secondary Plan. A concept plan prepared by Fotenn Planning + Design outlines the potential for a Planned Unit Development (PUD) featuring 27 townhomes and 10 additional dwelling units, for a total of 37 residential units and a site density of 44 units per net hectare.Future development will require a Zoning By-law Amendment to transition from the current Development Reserve (DR1) zoning to a residential designation suitable for the proposed uses. Servicing studies, environmental setback confirmations, and site plan approvals will also be part of the development process.With no immediate rear neighbors, beautiful riverfront surroundings, and strong community growth, 724 River Road represents a rare and exciting opportunity to create a thoughtfully planned residential enclave in one of Ottawas most desirable suburban settings.Contact us today to learn more about this incredible opportunity! (id:49269)

Property Details

MLS® Number X12120474
Property Type Single Family
Community Name 2602 - Riverside South/Gloucester Glen
Easement Unknown, None
Features Sump Pump
ParkingSpaceTotal 8
PoolType Inground Pool
ViewType Direct Water View, Unobstructed Water View
WaterFrontType Waterfront

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsTotal 3
ArchitecturalStyle Bungalow
BasementType Full
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1500 - 2000 Sqft
Type House

Parking

Attached Garage
Garage

Land

AccessType Year-round Access
Acreage No
Sewer Septic System
SizeIrregular 151 Acre
SizeTotalText 151 Acre

Rooms

Level Type Dimensions
Main Level Foyer 1.7 m x 1.9 m
Main Level Kitchen 2.4 m x 2.1 m
Main Level Living Room 4.3 m x 5.1 m
Main Level Dining Room 4.3 m x 5 m
Main Level Primary Bedroom 4.9 m x 3.2 m
Main Level Bedroom 2 3.8 m x 3.4 m
Main Level Bedroom 3 3.6 m x 2.4 m

https://www.realtor.ca/real-estate/28251367/724-river-road-ottawa-2602-riverside-southgloucester-glen

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