11 SHERBROOKE AVENUE

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:67197)

Price

$1,199,000

Property Type

Vacant Land

Transaction Type

For sale

MLS® Number

X13757236

Interior Size

2000 - 2500 sqft

Bathrooms

0

Fireplace

No

Interior Size

2000 - 2500 sqft

Size Frontage

66 ft

Size Depth

87 ft

Acreage

No

• Water Heater