11 Sherbrooke Avenue, Ottawa, photo 1 1 / 24

$1,149,900

11 Sherbrooke Avenue

Hintonburg, Ottawa, ON K1Y1R8 · MLS® X13757236

About this property

Prime Development Opportunity in the Heart of Hintonburg. 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 many strong potential options: multi-unit (12plex), two 5-units, 3 triplexes, residential development (3 singles or duplexes). Permit ready plans for 3 singles included with sale! Builder can be contracted to build to suit. With a lot of this size in such a high-demand urban location, opportunities are increasingly scarce. 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:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$7,878
Updated
Nov 5, 2026

Run the numbers

A quick investor's view. Change any figure; we'll do the full analysis with you.

Mortgage / mo–

Property tax / mo–

Net operating income / yr–

Cash flow / mo–

Cap rate–

Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Team Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

Similar listings in Hintonburg