
348 River Road
Ottawa (Cedardale), ON K1V 1R8
- —Bedrooms
- —Bathrooms
- 0Garage
- —Sq Ft
- $10,344Tax
- 644×547 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 348 River Road, Ottawa, Cedardale
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About 348 River Road, Ottawa, Cedardale
Summarized Description
- Exceptional waterfront development opportunity near Ottawa Airport.
- Includes two parcels with potential for five lots.
- One parcel features expansive water views.
- Mature trees and parkland enhance the natural setting.
- Ideal for investors and developers seeking luxury estate projects.
- Located in a rapidly growing community.
Incredible opportunity for waterfront luxury development. Located just minutes to the Ottawa Airport and approximately 20 minutes to downtown, this exceptional opportunity includes two parcels to be sold together - presenting outstanding potential for investors, developers, or those seeking to create a signature waterfront enclave.The first parcel is true waterfront - the crown jewel of the offering. With generous frontage and a serene natural setting, this lot offers the potential (subject to City of Ottawa approvals) to be divided into two premium lots. One side benefits from mature trees and parkland adjacency, while the other captures expansive water views - an increasingly rare find within city limits.The second parcel sits just behind and, based on preliminary due diligence, appears to offer the potential to be divided into three additional estate-sized lots. Combined, the total offering presents a potential opportunity for up to five lots (subject to approvals), making this a compelling small-scale development or luxury estate project. A truly unique opportunity to secure substantial waterfront land - ideal for builders, investors, or those looking to create something special in one of Ottawa's fastest-growing communities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $10,344
- Land Transfer Tax Fee
- $26,473
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Vacant Land
Construction
- Special Designation
- Unknown
Lot
- Lot Front
- 643.57 ft
- Lot Depth
- 547.12 ft
Parking & Garages
- Garage Spaces
- 0
Heating & Cooling
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Municipality
- Ottawa
- Neighbourhood
- Cedardale
- Main cross streets
- River Road/ Balmoral Drive
- Directions
- Head along Hunt Club Road. Turn left onto Riverside Drive, then right onto River Road. Turn right again and the destination will be on the right-hand side.
- Waterfront
- Direct
- MLS® number
- X13416724
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-08
- Listed on
- 2026-06-08
- Days on market
- 122 days
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- ROYAL LEPAGE INTEGRITY REALTY
Home Market Value
Current home valuation for 348 River Road, Ottawa, Cedardale, Ottawa, ON. Listed for $1,499,900
HOMEH Estimate
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Estimated Sales Range
—
HOMEH Estimate for 348 River Road, Ottawa, Cedardale
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $999,900 over $500K
$124,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,956 | $41,847 | $35,698 | $0 |
=Total mortgage | $1,428,864 | $1,391,757 | $1,310,613 | $1,199,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,976monthly | $6,795monthly | $6,399monthly | $5,859monthly |
Land Transfer Tax
$26,473
$26,473
Around this home
No schools found nearby
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