$949,900
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1240 Carling Avenue, Ottawa, ON K1Z7K7

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- Beds
0 Baths
1,500 Sq Ft

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:58753)

Listing By: Ayden Webster - EXP REALTY cncrea2 Realty.com
  • MLS® X13573008
  • Date Listed07/16/2026
  • Days on Realty 13 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Land
  • Water Public
  • Square Feet 1,500 sq. ft
  • Price Per Sq. Ft $633.27

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Merivale Rd & Carling Ave. ** Directions: Highway 417, take the Carling Avenue exit and proceed west on Carling Avenue for approximately 1 km. Continue through the Kirkwood Avenue intersection, and the property at 1240 Carling Avenue will be on your right.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1Z7K7

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1Z7K7

Source: Walk Score

81/100

Very Walkable

Walk Score ®

58/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

13 nearby routes: 13 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 59/100, Bike Score: 81/100.

Points of Interest near 1240 CARLING AVENUE, Ottawa, ON K1Z7K7

Frequently Asked Questions for 1240 CARLING AVENUE

Source: Realty.com

1240 CARLING AVENUE, Ottawa, ON K1Z7K7 in Ottawa, ON K1Z7K7 is a land listed at $949,900. Highlights include 1,500 sq. ft., $633 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 1240 CARLING AVENUE.

The full address for this home is 1240 CARLING AVENUE, Ottawa, ON K1Z7K7.

1240 CARLING AVENUE has been listed on Realty.com since Thu July 16, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 59/100, Bike Score: 81/100.

This content last refreshed on 2026-07-29 22:09:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.