3
$4,950,000 Sale
Listed 15 days ago
420 Edwards Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 420 Edwards Street
Key Facts
Key facts for 420 Edwards Street
Property Type
Lots/Land
Parking
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MLS #
X13834156
Size
-
Basement
-
Listed on
2026-09-25
Lot size
1150 x 275.0
Tax
$484 /yr
Days on Market
18
Approximate Age
-
Maintenance Fee
-
Description
Rare +/-10.14-acre residential development assembly in Rockland, 30 minutes east of downtown Ottawa on County Road 17. Developable upland zonedR3-49-h; flood plain overlay (R3-49-FP-h) along the frontage corridor. Official Plan support for approximately 308 mid-rise apartment units (zoning to fivest...oreys); documented concept of up to 360 units in three six-storey buildings via OPA/ZBA and three-part severance. Phase I ESA (no Phase II required),geotechnical report, Environmental Impact Study, drone orthomosaic/terrain model and current topographic survey on file. Municipal water and sanitary atthe perimeter (holding provision; capacity to be confirmed). Direct Hwy 17 exposure with access from Edwards Street. Clarence-Rockland is one ofEastern Ontario's fastest-growing municipalities (2025 est. pop. 30,310, projected 33,277 by 2030), average household incomes near $151,000, 2,400+ownership rooftops in the pipeline. No purpose-built rental project over 20 units has ever been delivered in the municipality - a first-mover,institutional-scale opportunity. Buyer to conduct own due diligence regarding zoning, servicing, yield and approvals.
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Courtesy of: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES