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$499,000
288 SMYTH Road, Alta Vista and Area, ON K1H 5A3
Alta Vista and Area, ON K1H 5A3
Property Sub Type
Vacant Land
Property Type
Residential Freehold
An exceptional opportunity in Ottawa's premier medical corridor-Alta Vista/Faircrest Heights. Surrounded by five major hospitals including the General and CHEO, 288 Smyth Road is perfectly positioned for a high-demand rental or mixed-use project.With pending MS1 zoning, the property will support a modern mixed-use building up to 20m in height, combining ground-floor commercial with multiple residential units-ideal for medical professionals seeking proximity to work. A 12-unit boutique concept has been explored, offering excellent returns and efficient development, with faster approvals and lower build costs.At roughly $42K per potential unit, this lot presents extraordinary value in one of Ottawa's most established and connected neighbourhoods. Easy access to Hwy 417, Trainyards shopping, and key health institutions. Concept plans, survey, and RND Construction build options available upon request.
