Gurvinder Nokwal REALTOR®
For Sale Vacant Land 23 days on market

$4,950,000

Est. payment $21,918/moCalculate yours

420 Edwards Street, Clarence-Rockland, ON K4K 1H6

606 - Town of Rockland, Clarence-Rockland, ON K4K 1H6

Map

Listing courtesy of MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES MLS® X13834156

About this home

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
1150 x 275 Feet

Financial

Property Taxes
$484 (2025)

Location

Neighbourhood
606 - Town of Rockland
Cross Street
County Road 17 (Hwy 17) & Edwards St.
Direction Faces
South

Listing

MLS® Number
X13834156
Days on Market
23
Listed On
2026-09-25
Listed By
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES

Features

Included
None - vacant land, sold as is, where is
Rental items
None known

Mortgage calculator

Minimum for this price: $990,000 (20%)

Amortization, years

Estimated mortgage payment

$21,918 per month

Principal and interest
$21,918
Property tax
$40
Estimated monthly cost
$21,958

Your mortgage

Mortgage amount
$3,960,000
Mortgage insurance
Not needed
Interest over 25 years
$2,615,259

Cash to close

Down payment
$990,000
Land transfer tax
$110,225
Total, before legal fees
$1,100,225
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

420 Edwards Street, Clarence-Rockland, ON K4K 1H6 606 - Town of Rockland, Clarence-Rockland, ON K4K 1H6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,950,000 420 Edwards Street, Clarence-Rockland, ON K4K 1H6
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