1399 Aurele Street, Ottawa

PRIME DEVELOPMENT OPPORTUNITY 0.346 Acres with R2N ZONING. Rare urban infill opportunity on a sprawling 15,090 sq ft (0.346 acre) lot, characterized by a well-maintained, expansive green lawn and mature trees under a clear blue sky, offering exceptional potential for residential development. Zoned R2N, the property supports severance into 3 lots by right, and 4 lots with minor variance. Recent precedents set on the adjacent street. Located within walking distance of the LRT and just minutes from Cyrville Rd, Innes Rd, and Hwy 417, this site offers excellent transit and commuter access. The area is well-positioned for growth, and Ontario's Bill 23 further encourages density and development within city limits. Preliminary concept studies suggest the potential for 9, 12, or up to 16 units, such as long semi-detached homes with Secondary Dwelling Units (SDUs), subject to municipal approvals. This is an ideal opportunity for developers looking to contribute to the city's intensification goals while capitalizing on strong rental and resale demand. The property also includes a solid 1,200 sq ft all-brick bungalow, showcasing an attractive, light-toned brick exterior with an inviting front entry and a large picture window. Inside, the bright and spacious interior offers gleaming hardwood floors throughout open-concept living areas, and a functional kitchen featuring classic wood cabinetry, a tiled backsplash, and a large window overlooking the verdant yard. A separate rear entrance offers potential for a basement SDU, providing interim rental income or phased development options. The property also includes an attached garage, a detached garage, and an additional laneway. Urban land parcels of this size, zoning, and location are increasingly rare. Whether for immediate redevelopment or future investment, this site offers the location, flexibility, and municipal support developers need to succeed. OFFERS to be presented Thursday, June 5th at 12 noon. As per Form 244. Any preemptive offers must have 24 hours irrevocable.......Open House Sunday June 1st, from 2-4 pm (id:1945)