ON > Ottawa > 2602 - Riverside South-Gloucester Glen
Ottawa, ON K4M1B2,724 RIVER ROAD
Ottawa, ON K4M1B2,724 RIVER ROAD
Ottawa, ON K4M1B2,724 RIVER ROAD
Ottawa, ON K4M1B2,724 RIVER ROAD
Ottawa, ON K4M1B2,724 RIVER ROAD
Ottawa, ON K4M1B2,724 RIVER ROAD
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Nick Palumbo

Nick Palumbo

+1(613) 869-6632
$ 4,500,000
Est. payment | /mo

3 Beds

3 Baths

1,500 SqFt

Save
$ 4,500,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $3,000

Subdivision 2602 - Riverside South/Gloucester Glen

MLS® Listing ID X12120474

Style Bungalow

Bedrooms 3

Half Baths 1

Originating Board Ottawa Real Estate Board

Property Sub-Type Freehold

Property Description

Outstanding Development Opportunity at 724 River Road, OttawaLocated along the Rideau River in the growing Riverside SouthLeitrim community, 724 River Road offers an exceptional development opportunity. This prime 1.57-hectare (3.88-acre) property features approximately 46 metres of frontage on River Road and 50 metres along the river. Situated in a vibrant and rapidly developing area, this site is ideal for a builder or investor seeking to capitalize on Ottawas strong suburban growth.Currently developed with a single detached dwelling, detached garage, and an in-ground pool, the property is designated "Neighbourhood" within the City's Official Plan and "Neighbourhood Low Density" under the new Riverside South Secondary Plan. A concept plan prepared by Fotenn Planning + Design outlines the potential for a Planned Unit Development (PUD) featuring 27 townhomes and 10 additional dwelling units, for a total of 37 residential units and a site density of 44 units per net hectare.Future development will require a Zoning By-law Amendment to transition from the current Development Reserve (DR1) zoning to a residential designation suitable for the proposed uses. Servicing studies, environmental setback confirmations, and site plan approvals will also be part of the development process.With no immediate rear neighbors, beautiful riverfront surroundings, and strong community growth, 724 River Road represents a rare and exciting opportunity to create a thoughtfully planned residential enclave in one of Ottawas most desirable suburban settings.Contact us today to learn more about this incredible opportunity! (id:24570)

Location

Province ON

Lake Name Rideau River

Rooms

Kitchen 1.0

Extra Room 1 Main level 1.7 m X 1.9 m Foyer

Extra Room 2 Main level 2.4 m X 2.1 m Kitchen

Extra Room 3 Main level 4.3 m X 5.1 m Living room

Extra Room 4 Main level 4.3 m X 5 m Dining room

Extra Room 5 Main level 4.9 m X 3.2 m Primary Bedroom

Extra Room 6 Main level 3.8 m X 3.4 m Bedroom 2

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N Yes

View Direct Water View, Unobstructed Water View

Total Parking Spaces 8

Private Pool Yes

Building

Story 1

Sewer Septic System

Water Rideau River

Architectural Style Bungalow

Others

Ownership Freehold

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agent
Nick Palumbo

Agent | License ID: 5043946

+1(613) 869-6632

343 Preston St 11th Floor, Ottawa, ON

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724 RIVER ROAD