$1,490,000
Est. payment /mo
1 SqFt
Active
130 Michael Cowpland DR Ottawa, ON K2M 1P6
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,490,000
Subdivision 9010 - Kanata - Emerald Meadows/Trailwest
MLS Listing ID X12428064
Annual Tax Amount $28,343
Tax Year 2025
Property Sub-Type Land
Property 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.
Location
Province ON
County Ottawa
Community 9010 - Kanata - Emerald Meadows/Trailwest
Area Ottawa
Exterior
Utilities Available Available
Lot Frontage 240.91
Others
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
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