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. (id:28469)
Facts & features
Property
MLS® Number
X13757236
Property Type
Vacant Land
Community Name
4203 - Hintonburg
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Appliances
Dryer, Two Stoves, Two Washers, Two Refrigerators
Size Interior
2,000 - 2,500 Sqft
Land
Acreage
No
Size Depth
87 Ft
Size Frontage
66 Ft
Size Irregular
66 X 87 Ft
Size Total Text
66 X 87 Ft
Zoning Description
N4b H(11)
Utilities
Cable
Available
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$5,309/mo
Ontario land transfer tax
$20,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.