713 St Laurent Boulevard
Overbrook - Castleheights and Area, ON
- 12,398 sqft
- Land
- 62 days on market
*** Prime 12,400+ Sq. Ft. Development Site on St. Laurent Blvd. *** Attention developers and land-banking investors: This expansive 73' x 170.86' lot presents an outstanding opportunity on a central arterial main street. Current zoning permits a wide array of uses, including a community centre, day care, group home, place of worship/assembly, recreational facility, and much more. Beyond current uses, the groundwork for significant value-add has already been laid with a completed pre-consultation for Arterial Mainstreet (AM) rezoning, making this site a prime candidate for a high-density multi-residential or mixed-use project. (Please contact the listing agent directly for any questions regarding redevelopment). While you plan your build, the property offers excellent immediate utility through a unique dual-unit setup. The main three-bedroom home provides reliable holding income, with a consistent tenant currently paying $2,300/mo (month to month). The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate. Located just five minutes from the heart of Downtown, the site boasts unbeatable proximity to the LRT, major hospital hubs, and Parliament Hill. Secure a massive footprint with immediate holding income and exponential future growth. Book your private viewing today.
Listing Details
- Taxes (2025)
- $5,424
- Listed
- July 10, 2026
Price History
Listing history
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Property
- Lot Size
- 73 x 170.86 Feet
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- St. Laurent Blvd and Clarke Avenue
- Zoning
- IA1 (Institutional)
- Parcel Number
- 042680173
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Exclusions
- Tenant's belongings
Community
Postal area K1K
- Population
- 32,046
- Private dwellings
- 15,235
- Median age
- 42.4
- Average household size
- 2.2
- Median household income
- $73,500
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 Overbrook - Castleheights and Area · last 12 months
- Median sold price
- $586,000
- Homes sold
- 195
- Median days on market
- 23
- Sale-to-list price
- 97.8%
Based on 195 recorded sales of commercial properties in Overbrook - Castleheights and Area over the last 12 months.
Listed by
Ali Realty Group Inc.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 12,398 sq ft
- Price per sq ft
- $88.72
- Annual property tax
- $5,424
- Tax per sq ft
- $0.44
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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Reita is an automated assistant, not a licensed real estate agent. This listing mentions The separate one-bedroom basement suite is unrented and vacant-a strategic advantage that allows a future owner to live on-site while managing development plans, or an investor to set their own market rent and optimize the property's capitalization rate.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?