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$ 1,199,000
Est. payment /mo
New
11 Sherbrooke AVE West Centre Town, ON K1Y 1R8
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 4203 - Hintonburg
MLS Listing ID X13757236
Annual Tax Amount $7,878
Tax Year 2025
Property Sub-Type Vacant Land
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.
Location
State ON
County Ottawa
Area Ottawa
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 66.0
Lot Depth 86.96
Others
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY