Canoe Bay Development
3071 Riverside Drive
Ottawa, K1V 6M4
Please contact us
- Space available10 ac
Michael Betsalel
Executive Vice President, Capital Markets, Multifamily
Agent details
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
Agents
Michael Betsalel
Executive Vice President, Capital Markets, Multifamily
Agent details
Earl Kufner
Executive Vice President
Agent details