For Sale

724 River Road, Blossom Park - Airport and Area, Ontario K4M 1B2

$4,500,000

724 River Road, Blossom Park - Airport and Area, Ontario K4M 1B2 is For Sale and has a listing price of 4,500,000. The property is located in the Blossom Park - Airport and Area . It's been on the website for 122 Days.

  • Detached
    Property Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12120474
  • Office Name SOLID ROCK REALTY
Property Description

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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12120474
  • Price: $4,500,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: X12120474
  • Approx Sqft: 1500-2000
  • Dir / Cross St: River Rd and Earl Armstrong
  • Status: Active
  • Tax Year: 2025
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
05/02/2025 X12120474 $4,500,000 For Sale - -
05/02/2025 X12120478 $4,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Blossom Park - Airport and Area
  • $807,278 Average List Price
    based on 1 year
  • 183 New Listings
    based on 30 days
  • 38 Median Days on Market
    based on 1 year
  • List vs. Selling Price 52.91 % Up
  • Sold (12mo) 499
  • Rented (12mo) 244

  • 1 Month Change -3.7%
  • 3 Month Change -20.2%
  • 6 Month Change +109.6%
Walkscore
  • 7 Walk Score
    Car-Dependent
  • 17 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 6
  • Exterior Brick
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $9,176
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 02/05/2025 17:48:18
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