Prince of Wales on the Rideau
- Prince of Wales on the Rideau
Prince of Wales on the Rideau is an upscale neighborhood of 210 homes in Ottawa, Ontario, Canada. It is located on a peninsula between the Rideau River and Prince of Wales Drive, on the west shore of Mooney's Bay.
Prior to its development in 2006/2007, the land was part of the Moffat Farm. The Moffat family donated their land to the city for a park service, but the city changed it to residential zoning, making it one of the most controversial new homes projects in Ottawa in recent times.
Campanale Homes is the predominant developer, purchasing 132 building lots from the city for C$13.7 million. It boasts the highest price of new construction residential land in the city, due to its closeness to the Rideau River and downtown Ottawa. In 2006, Campanale Homes boasted having the most expensive new home in Ottawa. Currently, the most inexpensive home in the neighborhood is 1530 square foot bungalow for $576,500 and the home values go up to about $3 million. [ [http://www.campanale.com/Campanale_site/communities_prince.aspx Campanale Communities ] ]
References
Wikimedia Foundation.
2010.
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