1158 ST PIERRE Street
2007 - Convent Glen South / Orleans - Convent Glen and Area, ON K1C 1L5
About This Property
Attention developers and investors - prime redevelopment opportunity with significant upside. Positioned in a rapidly intensifying corridor in Ottawa, this property is zoned MC(2179)H(40) - a highly flexible Mixed-Use Centre designation that permits a wide range of residential and commercial uses, including low- to mid-rise multi-unit development. With a maximum building height of 40 meters, this zoning offers substantial density potential well beyond typical low-rise permissions (buyer to verify), making it ideal for a 6-plex, stacked flats, or more ambitious future redevelopment concepts. The lot measures approximately 112.07 ft x 49.94 ft (5,586 sq ft) and benefits from a functional layout with rear access via laneway, supporting efficient site planning and rear parking configurations - a key advantage for multi-unit development. There is also potential for land assembly with neighboring properties (buyer to verify), presenting an opportunity to secure a larger footprint and unlock greater scale. The existing 3+1 bedroom bungalow with garage and 2 full bathrooms provides interim holding income while development plans are advanced. Located in a high-demand area, the property is within walking distance to LRT, major transit routes, Place d'Orléans Shopping Centre, grocery stores, restaurants, fitness centers, and medical services - an increasingly desirable node for higher-density residential living. Opportunities with this level of zoning flexibility and intensification potential are becoming increasingly scarce. Secure your position in a growing market with strong long-term redevelopment upside.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13069516
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,146
/month · $679,200 mortgage
Amortization
Total Interest
$564,534
Total Cost
$1,243,734
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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EXP REALTY




