Lot 2 - 67 Springhurst Avenue Ottawa, Ontario K1S 0E2

$899,900

This property offers a significant opportunity for developers or investors. The existing house, a brick two-storey with a single garage, requires extensive renovation, but the value lies in the land and its zoning potential. The lot is ideally situated within walking distance to the Rideau River, Rideau Canal, and leisure pathways, offering excellent access to amenities and recreational spaces. The zoning allows for a variety of development options, including single-family homes (bungalows, towns, duplexes, or triplexes), and the lot is large enough to accommodate multiple units, maximizing its potential. A small minor variance could unlock the full development capacity. The property is on a paved road, and the seller is willing to assist with financing and development applications for a buyer who has a strong offer and a clear plan for development. (id:37553)

Property Details

MLS® Number 1419226
Property Type Vacant Land
Neigbourhood Old Ottawa East
Amenities Near By Public Transit, Shopping, Water Nearby
Road Type Paved Road

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Power Single Phase
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Current Use Development Residential
Land Amenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 42 Ft ,9 In
Size Irregular 0.17
Size Total 0.17 Ac
Size Total Text 0.17 Ac
Zoning Description R3p (n4b)

Utilities

Fully serviced Available
Electricity Available

https://www.realtor.ca/real-estate/27622332/lot-2-67-springhurst-avenue-ottawa-old-ottawa-east