275 Citiplace Drive
Cityview - Parkwoods Hills - Rideau Shore, ON
0.84 sqft • Land • 117 days on market
Price is not $1.00. Please contact Listing Agent for pricing guidance. CBRE Limited is pleased to offer for sale the vacant infill development lands municipally known as 241 Citiplace Drive and 275 Citiplace Drive (collectively, the "Properties") within the City of Ottawa.The Properties comprise a combined land area of approximately 2.014 acres, including 1.176 acres at 241 Citiplace Drive and 0.838 acres at 275 Citiplace Drive. The parcels are not contiguous and may be acquired separately or together, allowing purchasers to pursue independent or coordinated development strategies, subject to market conditions and required approvals. Both Properties are located within the City of Ottawa's urban boundary and are zoned Neighbourhood Zone 5 - N5C under the City of Ottawa Zoning By law. The N5 zone is intended to accommodate residential uses within Neighbourhoods, supporting a range of building forms that are compatible with the existing physical character while contributing to the City's housing objectives. Development within this zone is subject to applicable performance standards and any site specific provisions. The Properties are currently vacant and each parcel is considered independently developable. Consistent with the Official Plan, future development will be required to demonstrate compatible intensification, having regard to matters such as built form, massing, transition, access, and servicing. Any proposed development will be subject to the City's normal planning and development approvals, including Site Plan Control, which will establish detailed parameters including height, unit count, access, parking, servicing, and landscaping. There is no requirement that the Properties be developed together.
Listing Details
- Taxes (2025)
- $14,719
- Listed
- April 30, 2026
Price History
Property
- Lot Size
- 170 x 124 Feet
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Citiplace Drive and Colonnade Road
- Zoning
- N5C
- Parcel Number
- 040520579
- Possession
- Immediate
Commercial
- Business Type
- Residential
- Occupancy
- Vacant
Community
Postal area K2E
- Population
- 20,172
- Private dwellings
- 8,461
- Median age
- 40
- Average household size
- 2.4
- Median household income
- $89,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cityview - Parkwoods Hills - Rideau Shore · last 12 months
- Median sold price
- $583,500
- Homes sold
- 162
- Median days on market
- 22
- Sale-to-list price
- 97.6%
Based on 162 recorded sales of commercial properties in Cityview - Parkwoods Hills - Rideau Shore over the last 12 months.
Listed by
CBRE LIMITED
Location
Commercial figures
- Annual property tax
- $14,719
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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