11 Sherbrooke Avenue, Ottawa, Ontario K1Y1R8

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 and residential development. 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:5764)