11 SHERBROOKE AVENUE, Ottawa, Ontario K1Y 1R8

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 ... read more

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:25417)