Land Property Under Contract
258 Durocher Street, Ottawa, ON K1L 7S4
Building
Stats
- Zoning 11A
- Size (SF) 42,253
- Price $3,890,000
Overview
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.