On the market for 64 days — longer than average. The seller may be open to negotiation.
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.
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Billings Bridge - Riverside Park and Area. Data updates daily.
How walkable, bikeable, and transit-friendly this neighbourhood is.
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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