Welcome to 2511 Junction Avenue-an increasingly rare offering combining a spacious family home with significant redevelopment potential in one of Ottawa's most central and connected neighbourhoods. Situated on a large corner lot and zoned R3A, this property presents an outstanding opportunity for homeowners, investors, and developers alike. The existing 3+1 bedroom home is solid and well-proportioned. Set across from beautiful treed city land, the home enjoys a peaceful and private setting rarely found in such a central location. From a lifestyle perspective, this location is hard to beat-just minutes to Carleton University, Billings Bridge Shopping Centre, Mooney's Bay Park, and Hog's Back Falls, with quick access to downtown via the Airport Parkway. The nearby O-Train further enhances convenience and long-term value. For those looking beyond the existing home, the R3A zoning opens the door to a variety of infill possibilities, including low-rise multi-unit development (buyer to verify). The prominent corner lot adds flexibility and design potential, making this a strategic acquisition in an area seeing continued intensification. Whether you're looking to move in, rent out, or redevelop, this property offers location, lot, and long-term upside-a combination that's becoming increasingly hard to find.
Data was last updated June 21, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$749,900
Min list price:
$499,900
Max list price:
$2,495,000
Avg days on market:
17
Min days on market:
2
Max days on market:
89
These statistics are generated based on the current listing's property type
and located in
Billings Bridge - Riverside Park. 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.