
Billings Bridge - Riverside Park and Area, ON K1V 6R9
636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a high-potential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, this exceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. This combination of current stability and future flexibility makes it an ideal candidate for medium-density infill development.The Walkley corridor is a recognized target area for intensification under Ottawas Official Plan, benefiting from proximity to Bank Street, Heron Road, Riverside Drive, and rapid access to downtown, Carleton University, and Ottawa International Airport. Excellent transit access includes OC Transpo bus routes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to major employment and educational hubs. This property is particularly well-positioned for investors seeking early entry ahead of zoning changes, allowing for long-term appreciation and development upside. Its combination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rental apartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verify zoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa.
TRREB MLS® Attribution
MLS® X12952872
Listed by POWER MARKETING REAL ESTATE INC.
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
Est. Monthly Payment
$4,394
/month · $719,920 mortgage
Amortization
Total Interest
$598,379
Total Cost
$1,318,299
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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POWER MARKETING REAL ESTATE INC.