842 CLYDE AVENUE, Ottawa, K1Z5A2

$9,200,000

RE-DEVELOPMENT OPPORTUNITY in one of Ottawa’s busiest and most desirable areas. This opportunity consists of three abutting lots, located mere steps from the Carling Avenue retail corridor, with 150 ft. of frontage on Clyde and 200 ft frontage on Doheny for a total area of 20,000 sq ft. This is a prime location to re-develop, especially with the city pushing for more intensification inside the Greenbelt. The area is bustling with pedestrian traffic, and has plenty of re-developed properties, further adding to the value. Across the street, there is a proposal for 6 residential towers (with over 2000 units- with a proposed mix of condos and rentals) and the former Canadian Tire is being re-furbished to become Ottawa’s Premier Wellness & Social Club which will be one of the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, schools, restaurants, shopping centers and the Ottawa Civic Hospital. (id:13118)

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