67 Springhurst Avenue Ottawa, Ontario K1S 0E2

$1,750,000

Exceptional Development Opportunity in Ottawa East You won't find a better location for your next project. This prime 14,124+ sq. ft. lot offers an impressive 85 frontage and 165 depth just steps from the Rideau River, the Rideau Canal, and the new Main Street Promenade. Enjoy unbeatable walkability with shops, dining, schools, and leisure pathways right at your doorstep. Zoning allows for a variety of building options, including Singles bungalows, towns, duplexes, or triplexes (56 potential units) Stacked towns front-to-back semi-detached designs (space for up to 8 units) multi-family configurations flexible layouts to suit demand All services are located at the front of the property: natural gas, hydro, water, and sewer. The lot fronts onto a paved, one-way street, providing convenient access. A small minor variance could unlock the property's full potential. The existing brick 2-storey dwelling offers income potential while development plans are being processed. With a bit of TLC, it can serve as modest accommodation until redevelopment begins. The seller is also willing to assist with financing and applications on an acceptable offer with a solid development plan. Attachments include Clear soil test results, plans for optional designs, Aerial drone views (links provided). A rare offering in one of Ottawa's most desirable neighbourhoods ideal for builders, developers, and visionaries alike. (id:12481)

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