Vacant Land · For sale

420 Edwards Street, Clarence-Rockland

$4,950,000

Listing brokerage: MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES · MLS® X13834156

Listing brokerage

MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES

Type

Vacant Land

Deal

For sale

Category

Land · Development land

Lot

1150 x 275 ft

Area

606 - Town of Rockland

MLS® number

X13834156

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 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.