420 Edwards Street, Clarence-Rockland, ON

$4,950,000

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10.14

Acres

About 420 Edwards Street

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 fivestoreys); 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.

Features of 420 Edwards Street

MLS® # X13834156
Price $4,950,000
Bathrooms 0.00
Acres 10.14
Type Residential Freehold
Sub-Type Vacant Land
Status Active

Community Information

Address 420 Edwards Street
Area Prescott and Russell
Subdivision 606 - Town of Rockland
City Clarence-Rockland
Province ON
Postal Code K4K 1H6

Amenities

Is Waterfront No
Waterfront None

Interior

Fireplace No

Listing Details

OfficeMARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES

Listing Map

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