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Opportunity: 66 x 91-ft Lot with R4 Zoning and Development Potential with legal 4-plex and neighboring severed lot that supports approved triplex shovel ready. Calling all first-time buyers, savvy investors, and builders - seize this rare opportunity! This lot offers immense potential. Whether you choose to live in the current fourplex (with 1 additional unit extension approved) while building a neighboring triplex. Exceptional location with easy highway access, just steps to public transit and close parks, shops and restaurants that Hintonburg & Wellington Village have to offer. A safe investment long term in this rapidly growing city! Permits approved. Development fees to be paid by buyer. Conceptual drawings available for a triplex and five plex. door with a vacant lot approved for a triplex. 226 Carruthers has a triplex-approved. Prime and shovel ready development opportunity in the popular and vibrant neighborhood of Hintonburg. Severance complete and paid. This vacant lot, measuring app. 25 x 91 feet, offers a canvas for endless possibilities. 228-230 Carruthers have a 5 plex approved. Rare opportunity in the heart of Hintonburg to own a vacant Fourplex. Currently, there's a legal fourplex on-site, in need of renovations, with conceptual drawings of adding a unit in the back for a fiveplex.
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City: Ottawa
Neighborhood: Hintonburg
Purchase Price | $2100000 |
Down Payment | $420000 |
Mortgage Insurance | $0 |
Total Mortgage | $1680000 |
Mortgage Payment | $10353 |
Property Taxes | $629 |
Maintenance Fees | $0 |
Monthly Payment | $10981 |
Located at 226-230 Carruthers Ave , this Ottawa house is available for sale. This property was listed for $2,075,000 on Tue Mar 25 2025. This house's size is 1500-2000 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 2 parking spots. 226-230 Carruthers Ave, Ottawa is situated in the Hintonburg neighbourhood.
MLS#: X11995387 · $2,075,000 · 8 bedroom house in Hintonburg, Ottawa