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$899,900
Available - For Sale
Listing ID: X10411196
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.
Price $899,900
Taxes: $0
Address: LOT 2 - SPRINGHURST Ave , Glebe - Ottawa East and Area, K1S 0E2, Ontario
Lot Size: 42.75 x 165 (Feet)
Acreage: < .50
Directions/Cross Streets: Main Street to Springhurst (one way going East)
Rooms: 0
Rooms +: 0
Kitchens: 0
Kitchens +: 0
Family Room: N
Property Type: Vacant Land
Pool: None
Property Features: Public Trans
Sewers: Sewers
Water: Municipal
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RE/MAX HALLMARK REALTY GROUP

LOT 2 - SPRINGHURST Ave , Glebe - Ottawa East and Area, K1S 0E2, Ontario

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Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Vacant Land
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4407 - Ottawa East
Style:
Lot Size: 42.75 x 165.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
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Garage: 0
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Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949