Ref 670591

Canoe Bay Development

3071 Riverside Drive
K1V 6M4 Ottawa

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Space available435,600 ft²


The Canoe Bay Development site is located at 3071 Riverside Drive in Ottawa, Ontario, and presents an exceptional opportunity to acquire a 100% freehold interest in a highly desirable 10+ acre development site, adjacent Mooney’s Bay. It has been approved by the Ottawa Community Lands Development Corporation (OCLDC) for the creation of a unique mixed-use, attractive community for active seniors in Ottawa. The site has been approved for up to 8,100 sf of commercial space, 102 condo’s that range from lofts to townhomes, a two building 432 suite mid-rise complex that could accommodate supported seniors living and is the amenity and social hub of Canoe Bay as well as 1.5 acres of greenspace. 

The main complex makes up 68% of the buildable square feet with a blend between Senior Apartments (63%), Traditional Retirement (12%) and more Flexible Hybrid Suites (25%). The remaining 1/3 of the site is a combination of condo or commercial. 


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