130 Michael Cowpland Drive, Kanata, ON K2M 1P6
$1,475,000
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.
Property summary
Property
| Lot width | 240.91 |
Power & Services
| Sewer | Sanitary Available |
| Utilities | Available |
Zoning & Taxes
| Taxes / yr | $28,343 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES.