Property Details

Description

 Price: $ 950,000.00 MLS®: X12924102         Location : 45 Capilano Drive, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 6G5

PREMIUM 15,080 SQUARE FOOT CORNER LOT WITH UNPRECEDENTED N-ZONE DENSITY POTENTIAL. This significant irregular corner property is a rare developer's dream, offering nearly double the standard frontage and land area in the highly sought-after Skyline and Fisher Heights area. Under the newly enacted 2026 City of Ottawa Neighbourhood (N3D Zone) Zoning By-law 2026-50, this property is a prime candidate for "by-right" intensification. With over 111 feet of frontage and 11-metre height permissions (3 storeys), the site offers incredible flexibility for a multi-unit multiplex project, a luxury multi-lot severance, or a flagship custom estate. The expansive corner footprint provides maximum architectural flexibility for separate unit entrances and driveways, a feature highly coveted by premium builders. Surround yourself with proven market success stories and million-dollar infill projects on nearby Rita and Eleanor. This strategic location is minutes from the Experimental Farm, Carleton University, and the Civic Hospital. The existing bungalow and all structures are being sold in "as-is, where-is" condition, as the primary value is in the land and the exceptional development rights. Please note that the Buyer must perform their own independent due diligence to verify all measurements, land use, and development or severance potential with the City of Ottawa. All information and measurements provided are based on GeoWarehouse/MPAC records and should be independently verified by the Buyer. Don't miss this opportunity to secure one of the largest remaining residential corner assets in the area.

Location Description

Merivale Road

Property Details
  • Community: 7201 - City View/Skyline/Fisher Heights/Parkwood Hills
  • Property Type: Vacant/Residential Freehold
  • Bedrooms: 3
  • Bath: 2
  • Garages: Attached
Building Features
  • Foundation Type: Block
  • Construction Material: Brick-Vinyl Siding
  • Total Parking Space: 11
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,

Listing Contracted With: ROYAL LEPAGE TEAM REALTY

CONTACT ME

Get Exclusive Email Alerts

Be the first to receive new listings, price changes, neighborhood updates, and exclusive real estate reports.