$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