130 Michael Cowpland Drive, Kanata, ON K2M 1P6

Kanata K2M 1P6 Ontario

MLS: X12428064

$1,490,000

Added 3 hours ago | For Sale

Listed by: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

About Property

The subject property offers approximately 1.36 acres of development land, strategically located within a General Mixed (GM) use zone with an urban exception and schedule. The site benefits from a 22-metre height allowance within a Minor Corridor designation, supporting the Citys vision for future 15-minute neighbourhoods where both residential and non-residential uses are encouraged. This creates the opportunity to explore multi-residential, mixed-use, or commercial development, with the potential to accommodate a building of up to six storeys. Alternatively, the property presents the flexibility to pursue a rezoning to IP Business Park, expanding development possibilities to align with surrounding employment and light industrial uses. A preliminary consultation with City staff indicated support for this conversion. To illustrate its potential, the marketing package includes two concept plans: a single-storey 20,000 sq. ft. warehouse and a three-storey 51,000 sq. ft. office building. Together, these scenarios highlight the sites adaptability and strong development upside for a wide range of end users and investors.

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 240.91 X 0
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Eagleson Road and Terrence Matthews Crescent
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $28343
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12428064

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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