Listed price in listed location currency (CAD).
$949,900

000

MLS® X13573008

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage 
Taxes $4,258
Days Active 7
Lot Size 
Approx. Age 
MLS® Number X13573008

Property Address: 1240 Carling Avenue, Carlington - Central Park, ON, K1Z7K7

Average square foot calculated using Size range provided by listing agent.

Description

Shovel-ready purpose-built rental development opportunity in one of Ottawa's most desirable urban corridors.1240 Carling Avenue presents a rare opportunity to acquire a fully approved 18-unit apartment development with the key municipal approvals already secured. The demolition permit has been issued, and the building permit has been approved, with issuance pending only the payment of educational development fees. No other municipal approvals or fees remain prior to commencing construction. Designed with construction efficiency in mind, the project has been thoughtfully engineered to minimize unnecessary construction costs while maximizing energy efficiency, buildability and developer margin. Skip years of planning, approvals and consultant coordination and move directly toward construction. Situated along Carling Avenue, the property enjoys exceptional connectivity to Highway 417 and Ottawa's major arterial road network, offering convenient access across the city. The site is within walking distance of The Ottawa Hospital Civic Campus, public transit, shopping, restaurants, parks and everyday amenities, and is surrounded by major employment centres that continue to support strong rental demand. Its central location, excellent accessibility and proximity to significant employment make it an ideal setting for a purpose-built rental investment. A comprehensive due diligence package, including plans, approvals, studies and supporting documentation for CMHC MLI Select financing, is available upon request. An exceptional opportunity for developers and investors seeking a construction-ready project in one of Ottawa's strongest rental markets.
MLS® NumberX13573008
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 16, 2026List Date
$949,900List Price
  • Commute

Commute

Starting Address
Destination Address
1240 Carling Avenue, Carlington - Central Park, ON

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