REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,149,900
Est. payment /mo
Price Dropped by $49K
11 SHERBROOKE AVENUE Ottawa, ON K1Y1R8
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Subdivision 4203 - Hintonburg
MLS® Listing ID X13757236
Property Description
Prime Development Opportunity in the Heart of Hintonburg. This oversized 66 x 86.96 ft lot is ideally located just steps from Wellington Street, placing future development within walking distance to transit, restaurants, cafés, and boutique retail in vibrant Hintonburg. Zoned R4 / N4B H(11), the property offers many strong potential options: multi-unit (12plex), two 5-units, 3 triplexes, residential development (3 singles or duplexes). Permit ready plans for 3 singles included with sale! Builder can be contracted to build to suit. With a lot of this size in such a high-demand urban location, opportunities are increasingly scarce. The property is currently improved with a duplex, providing holding income while plans and approvals are pursued. Both units are tenanted on a month-to-month basis, allowing flexibility for future redevelopment. Severance potential may also be explored, subject to municipal approvals. Whether you're a builder, developer, or long-term investor, this is a strategic acquisition in a neighbourhood known for intensification and strong end-user demand. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by ROYAL LEPAGE TEAM REALTY