Exceptional investment/redevelopment opportunity in one of Ottawa's most prestigious and established neighbourhoods. Situated on a premium oversized lot in highly sought-after Alta Vista, 312 Mountbatten Avenue offers outstanding potential for investors, builders, developers, or buyers looking to create a luxury custom residence in a prime central location. Surrounded by high-end custom homes and mature tree-lined streets, this property presents a rare opportunity to secure premium land value in a rapidly evolving luxury corridor. The property is currently tenanted, offering immediate rental income and holding potential while redevelopment plans, permits, or future custom-home designs are pursued. The lot orientation creates excellent potential for energy-efficient custom-home design while maximizing natural light in principal rear-facing rooms. This property offers buyers the opportunity to generate rental income while planning a future redevelopment project in a mature central neighbourhood where demand for premium housing remains exceptionally strong. Renderings are conceptual illustrations only and are provided for marketing purposes. *For Additional Property Details Click The Brochure Icon Below*
Data was last updated June 1, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$1,044,450
Min list price:
$599,900
Max list price:
$3,299,000
Avg days on market:
22
Min days on market:
2
Max days on market:
130
These statistics are generated based on the current listing's property type
and located in
Alta Vista and Area. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.