724 RIVER ROAD, Ottawa, Ontario

$4,500,000

3 Beds
3 Baths

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:56241)

Listing ID: X12120474
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Foyer	Main level	1.7 m x 1.9 m
Kitchen	Main level	2.4 m x 2.1 m
Living room	Main level	4.3 m x 5.1 m
Dining room	Main level	4.3 m x 5 m
Primary Bedroom	Main level	4.9 m x 3.2 m
Bedroom 2	Main level	3.8 m x 3.4 m
Bedroom 3	Main level	3.6 m x 2.4 m

Details

Architectural Style: Bungalow
Easement: Unknown, None
Features: Sump Pump
Ownership: Freehold
Parking Spaces: 8
Pool: Inground pool
Transaction: For sale
View: Direct Water View, Unobstructed Water View
Waterfront: Waterfront
Water Body Name: Rideau River

Building

Architectural Style: Bungalow
BasementType: Full
Bedrooms Main Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: True
Foundation: Poured Concrete
Bathrooms (Half): 1
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 1
Type: House

Land

Access Type: Year-round access
Sewer: Septic System
Size Irregular: 151 Acre

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 724 RIVER ROAD in Ottawa Ontario. It was last modified on May 2nd, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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