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!
Address
724 River Road
List Price
$4,500,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Area
Blossom Park - Airport and Area
Sub-Area
2602 - Riverside South/Gloucester Glen
County
Ottawa
Bedrooms
3
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Size Source
MPAC
Lot Size Units
Acres
Lot Width
151
MLS® Number
X12120474
Listing Brokerage
SOLID ROCK REALTY
Basement Area
Full
Postal Code
K4M 1B2
Parking
Circular Drive
Parking Places (Total)
8
Tax Amount
$9,176.00
Tax Year
2025
Interior Features
Sump Pump
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Foundation Details
Poured Concrete
Garage Type
Attached
Kitchens Total
1
Pool Features
Inground
Roof
Asphalt Shingle
Water View
Direct, Unobstructive
Waterfront
Yes
Waterfront
Direct
Waterfront Accessory
Not Applicable
Waterfront Features
River Access, River Front
Water Body Name
Rideau River
Water Body Type
River
Shoreline
Mixed
Access To Property
Year Round Private Road
Alternative Power
Unknown
Sewer
Septic
