Contact
1-877-888-3131
Sign-in/up
Search for Sale
Buyer Cashback
Back to Map
Share
$949,900
Ontario,Ottawa
For Sale Active
1240 CARLING AVENUE, Ottawa, Ontario K1Z7K7
  • 1,500 Sqft
Contact Seller
Basic Details
Description

Shovel-ready purpose-built rental development opportunity in one of Ottawa’s most desirable urban corridors.1240 Carling Avenue presents a rare opportunity to acquire a fully approved 18-unit apartment development with the key municipal approvals already secured. The demolition permit has been issued, and the building permit has been approved, with issuance pending only the payment of educational development fees. No other municipal

approvals or fees remain prior to commencing construction. Designed with construction efficiency in mind, the project has been thoughtfully engineered to minimize unnecessary construction costs while maximizing energy efficiency, buildability and developer margin. Skip years of planning, approvals and consultant coordination and move directly toward construction. Situated along Carling Avenue, the property enjoys exceptional connectivity to Highway 417 and Ottawa’s major arterial road network, offering convenient access across the city. The site is within walking distance of The Ottawa Hospital Civic Campus, public transit, shopping, restaurants, parks and everyday amenities, and is surrounded by major employment centres that continue to support strong rental demand. Its central location, excellent accessibility and proximity to significant employment make it an ideal setting for a purpose-built rental investment. A comprehensive due diligence package, including plans, approvals, studies and supporting documentation for CMHC MLI Select financing, is available upon request. An exceptional opportunity for developers and investors seeking a construction-ready project in one of Ottawa’s strongest rental markets. (id:62650)

Read More
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13573008
  • Price: $949,900
  • Square Footage: 1,500 Sqft
  • Status: Active
  • Office Name: EXP REALTY
  • Property Sub Type: Vacant Land
  • Office Key: 293989
Address Map
  • Location: CA, Ontario, Ottawa, K1Z7K7
  • Street: Carling
  • Street Number: 1240
  • Street Suffix: Avenue
  • Longitude: W76° 16' 6''
  • Latitude: N45° 23' 12.7''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 55.96 x 99.3 FT
Financial
  • Tax Annual Amount: 4258
Powered by REALTOR.ca
Listing updated: 2026-07-16 16:52:16
Schedule a Tour
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 2177135
  • List Office Key: 293989
  • Modification Timestamp: 2026-07-16T19:00:06Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-07-16T18:53:11Z
Powered by REALTOR.ca
Listing updated: 2026-07-16 16:52:17
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

Terms of Use

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More