Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.
| MLS # | X13491836 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 74 |
| Listing Provided By | SLEEPWELL REALTY GROUP LTD | X13491836 509100 |
| SQ Feet | 9,827 |
|---|---|
| Acreage | 0.23 |
| Cooling | Unknown |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 40000 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LTS 82 & 83, PL 13 , AS IN N422377 ; OTTAWA/NEPEAN |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7J7 |
| Area | 4204 West Centre Town |
| Listing VS Median (in K1R 7J7) | |
Price: $3,000,000 low | high Med: $3,000,000 sqft: 9,827 low | high Med: 9,827 $ / sqft: $305 low | high Med: $305 On site: 74 low | high Med: 74 | |
| Province | ON |
|---|---|
| County | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7J7 |
| Area | 4204 West Centre Town |
| Listing VS Median (in K1R 7J7) | |
Price: $3,000,000 low | high Med: $3,000,000 sqft: 9,827 low | high Med: 9,827 $ / sqft: $305 low | high Med: $305 On site: 74 low | high Med: 74 | |