67 Springhurst Avenue Ottawa, Ontario K1S 0E2

$1,750,000

Exceptional Development Opportunity in Ottawa East. A rare chance to acquire a prime 14,124+ sq. ft. lot with an impressive 85' frontage and 165' depth, ideally located just steps from the Rideau River, Rideau Canal, and the new Main Street Promenade. This highly walkable location offers easy access to shops, restaurants, schools, parks, and scenic pathways in one of Ottawa's most desirable urban neighbourhoods. Current zoning supports a variety of development options, including single bungalows, townhomes, duplexes or triplexes, stacked front-to-back towns, semi-detached designs (with potential for up to 8 units), and other flexible multi-family configurations to suit market demand. A minor variance may further enhance the site's full development potential. All municipal services-natural gas, hydro, water, and sewer-are available at the front of the property, which fronts onto a paved one-way street for convenient access. The existing two-storey brick home offers interim income potential while development plans and approvals are underway and, with some TLC, can provide modest accommodation until redevelopment begins. The seller may consider assisting with financing and applications on an acceptable offer supported by a strong development concept. Attachments include suggested design ideas and aerial drone views. A truly rare offering ideal for builders, developers, and visionaries seeking a premier Ottawa East location. (id:37351)

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https://www.realtor.ca/real-estate/28926071/67-springhurst-avenue-ottawa-4407-ottawa-east