130 MICHAEL COWPLAND DRIVE|Ottawa, Ontario K2M1P6

MLS Number: X12428064

Property Details: • Type: Vacant Land • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: The subject property offers approximately 1.36 acres of development land, strategically located within a General Mixed (GM) use zone with an urban exception and schedule. The site benefits from a 22-metre height allowance within a Minor Corridor designation, supporting the Citys vision for future 15-minute neighbourhoods where both residential and non-residential uses are encouraged. This creates the opportunity to explore multi-residential, mixed-use, or commercial development, with the potential to accommodate a building of up to six storeys. Alternatively, the property presents the flexibility to pursue a rezoning to IP Business Park, expanding development possibilities to align with surrounding employment and light industrial uses. A preliminary consultation with City staff indicated support for this conversion. To illustrate its potential, the marketing package includes two concept plans: a single-storey 20,000 sq. ft. warehouse and a three-storey 51,000 sq. ft. office building. Together, these scenarios highlight the sites adaptability and strong development upside for a wide range of end users and investors. (41344087)

Agent Information: • Agents: Emily Quinn; Rob Quinn • Contact: 613-298-8831; 613-794-2936 • Brokerage: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES; AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES • Website: http://avisonyoung.ca/; http://avisonyoung.ca/

Time on Realtor: 4 days ago