11 Sherbrooke Avenue, West Centre Town, ON K1Y 1R8

$1,199,000
2,000
SqFt

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List Price
$1,199,000
MLS#
X13757236
Status
ACTIVE
Type
Land
SubType
Vacant Land
Living Area
2000-2500
Province
ON
Municipality
West Centre Town
Area
Ottawa
Neighborhood
4203 - Hintonburg
Subdivision
Sherbrooke And Wellington

Property Description

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.

Additional Information

Taxes
$7,878
Waterfront Type
None

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Listing courtesy of ROYAL LEPAGE TEAM REALTY.