Personal Pic

Frank Gallo

Sales Representative
Homelife Classic Realty Inc., Brokerage, Brokerage Independently owned and operated. 1600 Steeles Ave. W, Unit 36, Vaughan, Ontario L4K4M2 Cell: 416-433-5981Office: 647-479-8477Fax: 647-479-8457

$4,950,000
Available - For Sale
Listing ID: X13834156
420 Edwards Street , Clarence-Rockland, K4K 1H6, Prescott and Rus


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.
Price $4,950,000
Taxes: $484.00
Assessment Year: 2025
Occupancy: Vacant
Address: 420 Edwards Street , Clarence-Rockland, K4K 1H6, Prescott and Rus
Acreage: 10-24.99
Directions/Cross Streets: County Road 17 (Hwy 17) & Edwards St.
Bedrooms: 0
Bedrooms +: 0
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Vacant Land
Drive Parking Spaces: 0
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Utilities-Cable: N
Utilities-Hydro: A
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES
Personal Picture
Frank Gallo
Sales Representative
Dir:
416-433-5981
Bus:
647-479-8477
Fax:
647-479-8457
 
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At a Glance:
Type: Freehold - Vacant Land
Area: Prescott and Russell
Municipality: Clarence-Rockland
Neighbourhood: 606 - Town of Rockland
Style:
Lot Size: x 275.00(Feet)
Approximate Age:
Tax: $484
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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