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&rsquo;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&rsquo;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.&nbsp;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.&nbsp; &nbsp;

Canoe Bay Development

Toronto

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Canoe Bay Development

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