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Class A Development Opportunity For Sale | 2177 Carling Avenue - #1
Class A Development Opportunity For Sale | 2177 Carling Avenue - #2
Class A Development Opportunity For Sale | 2177 Carling Avenue - #3
Class A Development Opportunity For Sale | 2177 Carling Avenue - #4
Class A Development Opportunity For Sale | 2177 Carling Avenue - #5
Colliers International (The “Advisors”) on behalf of the “Vendor” are pleased to offer for sale a 100% freehold interest in 2177 Carling Avenue, an excellent high rise development opportunity with holding income.

This property is situated in the west end of Ottawa on a prominent and extremely high trafficked corner, directly adjacent to a new Canadian Tire National Flagship Store, countless amenities and a short drive to both highway 417 as well as light rail transit.

The class A development site features 265,095 SF of approved density in two separate buildings. Building A is slated to be a 4 storey multi-family development, while Building B features a 22 storey multi-residential tower built on a 4 storey podium, with ground floor commercial. The site will feature 17 surface parking stalls as well as two levels of below grade parking for 212 vehicles and 149 bicycles.

With the current housing crisis, rising cost of home ownership and increasing rental rates, this represents an excellent opportunity to take advantage of strong market fundamentals with in place approved densities.