3071 Riverside Drive
Multifamily
ID 670591

Canoe Bay Development

3071 Riverside Drive

Ottawa, K1V 6M4

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  • Space available10 ac 
Michael Betsalel

Michael Betsalel

Executive Vice President, Capital Markets, Multifamily

Agent details

Earl Kufner

Earl Kufner

Executive Vice President

Agent details

  • Summary
  • Location
  • Brochures
  • Agents

Summary

We are pleased to announce the sale of the Canoe Bay Development site located at 3071 Riverside Drive in Ottawa, Ontario. The Property presents the purchaser an excellent opportunity to develop on a 10+ acre 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.

Location

Brochure

Agents

Michael Betsalel

Michael Betsalel

Executive Vice President, Capital Markets, Multifamily

Agent details

Earl Kufner

Earl Kufner

Executive Vice President

Agent details