185 York Street Ottawa, Ontario K1N 5T7

$899,900

Prime development site in Ottawa's ByWard Market! 185 York Street offers exceptional zoning flexibility with current R5S S77 designation and future N6B S77 under Ottawas New Zoning By-law. Permitted uses include low-rise, mid-rise, and high-rise apartment dwellings - a rare opportunity to build up to 6 storeys (21.4m height) by-right. Previously approved minor variances (lot width and area) streamline development without the need for public consultation. The property measures approximately 33 x 99 (3,209 sq ft) and features a 2.44m right-of-way along the east side for enhanced site access. Positioned steps to Rideau Centre, the University of Ottawa, Parliament Hill, O-Train station, and the ByWard Market, this location is ideal for boutique urban residential projects, purpose-built rentals, or luxury multi-unit builds. Ground-floor commercial uses are also permitted, including retail, office, or café-style activation, making it ideal for mixed-use development. Situated on York Street -soon to be transformed into a pedestrian-priority shared promenade (2025 - 2027) as part of Ottawa's ByWard Market Public Realm Plan - this site offers rare exposure and long-term upside. No demolition needed - immediate time and cost savings for developers. Buyers are responsible for their own due diligence regarding development options, building code compliance, and site planning. Rare chance to secure a premium lot in Ottawa's most vibrant downtown node! (id:44758)

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https://www.realtor.ca/real-estate/28299940/185-york-street-ottawa-4001-lower-townbyward-market