Exceptional investment/redevelopment opportunity in one of Ottawa's most prestigious and established neighbourhoods. Situated on a premium oversized lot in highly sought-after Alta Vista, 312 Mountbatten Avenue offers outstanding potential for investors, builders, developers, or buyers looking to create a luxury custom residence in a prime central location. Surrounded by high-end custom homes and mature tree-lined streets, this property presents a rare opportunity to secure premium land value in a rapidly evolving luxury corridor. The property is currently tenanted, offering immediate rental income and holding potential while redevelopment plans, permits, or future custom-home designs are pursued. The lot orientation creates excellent potential for energy-efficient custom-home design while maximizing natural light in principal rear-facing rooms. This property offers buyers the opportunity to generate rental income while planning a future redevelopment project in a mature central neighbourhood where demand for premium housing remains exceptionally strong. Renderings are conceptual illustrations only and are provided for marketing purposes. *For Additional Property Details Click The Brochure Icon Below* (id:374)
| MLS # | X13219974 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 146 |
| Listing Provided By | ICI SOURCE REAL ASSET SERVICES INC. | JAMES TASCA |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | Yes |
| Lot Features | Lane |
|---|---|
| Foundation Details | Block |
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 6295.45 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1H5W3 |
| Listing VS Median (in K1H5W3) | |
Price: $825,000 low | high Med: $825,000 sqft: 700 low | high Med: 700 $ / sqft: $1,179 low | high Med: $1,179 On site: 146 low | high Med: 146 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1H5W3 |
| Listing VS Median (in K1H5W3) | |
Price: $825,000 low | high Med: $825,000 sqft: 700 low | high Med: 700 $ / sqft: $1,179 low | high Med: $1,179 On site: 146 low | high Med: 146 | |