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11 SHERBROOKE AVENUE

Ottawa, Ontario, K1Y1R8

$1,199,000
For Sale · Vacant Land · MLS® X13757236
0
Bath
Vacant Land
Type

About this property

Prime Development Opportunity in the Heart of Hintonburg. Rare offering in one of Ottawa's most dynamic and rapidly evolving neighbourhoods. 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 strong potential for multi-unit (10plex) and residential development (3 singles or duplexes). Permit ready plans for 3 singles included with sale! With a lot of this size in such a high-demand urban location, opportunities are increasingly scarce. Buyer to conduct their own due diligence. 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:66947)

Property details

Property

Property Type
Vacant Land
Property Subtype
Vacant Land
Bathrooms
0
Lot Dimensions
66 x 87 FT

Interior

Appliances
Dryer, Two stoves, Two Washers, Two Refrigerators

Financial

Property Taxes
7878

Location

City
Ottawa
Postal Code
K1Y1R8

Location

Mortgage calculator
Estimated monthly
$5,491

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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