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:13843)
| MLS # | X13757236 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 49 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | Adam Ricci |
| SQ Feet | 2,000 |
|---|---|
| Zoning | N4B H(11) |
| Appliances | Dryer, Two stoves, Two Washers, Two Refrigerators |
|---|---|
| Fireplace Yes / No | No |
| Utilities | Sewer, Electricity, Cable |
|---|
| Tax Annual Amount | 7878 |
|---|
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1Y1R8 |
| Listing VS Median (in K1Y1R8) | |
Price: $1,149,900 low | high Med: $1,149,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $575 low | high Med: $575 On site: 49 low | high Med: 49 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1Y1R8 |
| Listing VS Median (in K1Y1R8) | |
Price: $1,149,900 low | high Med: $1,149,900 sqft: 2,000 low | high Med: 2,000 $ / sqft: $575 low | high Med: $575 On site: 49 low | high Med: 49 | |
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