An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. Concept plans, survey, and RND Construction build options available upon request. (id:4069)
Address
288 SMYTH ROAD
List Price
$499,000
Property Type
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Lot Size
59.42 x 103.71 FT ; 1 Sq. Ft.
MLS® Number
X12492488
Listing Brokerage
EXP REALTY
Postal Code
K1H5A3
Zoning
R1GG [501] H(8.7) S1
Site Influences
Public Transit, Park
Features
Level
